Absa Group Limited - Increase In Shareholding : Un
Share Code : ASA
ISIN Code : ZAE000013389
INCREASE IN SHAREHOLDING : UNIFER HOLDINGS LIMITED
IN ACCORDANCE WITH THE REQUIREMENTS OF PARAGRAPH 3.4(b) OF THE LISTING
REQUIREMENTS, THE FOLLOWING SHOULD BE NOTED:
AN OPPORTUNITY PRESENTED ITSELF FOR THE ABSA GROUP TO ACQUIRE A BLOCK OF
SHARES IN UNIFER HOLDINGS LIMITED. THE ABSA GROUP WOULD THEREFORE LIKE TO
ANNOUNCE THAT IT HAS ACQUIRED AN ADDITIONAL 7% EQUITY STAKE IN UNIFER
HOLDINGS.
THE TRANSACTION IS IN LINE WITH ABSA'S STRATEGY OF STRENGTHENING ITS
POSITION IN THE EMERGING MARKET.
BERT GRIESEL
GROUP EXECUTIVE DIRECTOR
Johannesburg
23 August 2001
Sponsor
Merrill Lynch SA (Pty) Ltd
Member of the JSE Securities Exchange SA
Reg no. (1995/001805/07)
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