| Fri 12 Jun 2015, 10:35 | | Letshego Holdings Limited - Cautionary Announcement |
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LHL02 LHL01 LHL03 201506120015A
Cautionary Announcement
Letshego Holdings Limited
Incorporated in the Republic of Botswana
Registration number 98/442
(“Letshego Holdings” or “the Company”)
This announcement is being released on the Johannesburg Stock Exchange for
information purposes only in respect of Letshego Holdings Limited’s Note
Programme
CAUTIONARY ANNOUCEMENT
Letshego Holdings Limited was incorporated in 1998, is headquartered in
Gaborone and has been publicly listed on the Botswana Stock Exchange (BSE)
since 2002. It is a holding company with consumer and micro lending
subsidiaries across nine countries in Southern and East Africa - Botswana,
Kenya, Lesotho, Mozambique, Namibia, Rwanda, Swaziland, Tanzania and Uganda.
The Board of Directors informed Shareholders on the 27 April 2015, via a
cautionary announcement, that the Company has entered into negotiations with
a third party in Tanzania to become a 75% shareholder in a deposit taking
financial institution that specializes in micro finance, which if
successfully concluded, and subject to all regulatory approvals, may result
in a transaction that could have an impact on the price of the Company’s
securities.
These negotiations are continuing and accordingly, Shareholders are advised
to continue to exercise caution when dealing in the Company’s securities
until a further announcement is made.
For and on behalf of the board
J Burbidge
Chairman
12 June 2015, Gaborone
Debt sponsor in South Africa
The Standard Bank of South Africa Limited, acting through its Corporate and
Investment Banking division
Sponsoring broker in Botswana
Stockbrokers Botswana Limited
Date: 12/06/2015 10:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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