Securities
STRUCTURED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2001/012639/06)
("SIL" or the "Company")
Postponement of the listing of SA SELECT Securities
(SA SELECT)
Further to the offering circular issued and the announcement published on
15 October 2001 regarding the public offer of SA SELECT, applicants are
advised that the minimum subscription of R100 million was not achieved as a
result of extremely difficult market conditions, both locally and
internationally. Consequently, the directors of SIL have postponed the
listing of SA SELECT on the JSE Securities Exchange South Africa ("JSE")
until such time as market conditions improve. The listing of SA SELECT will
therefore no longer take place on 19 November 2001.
Application monies are currently being held in the JSE Trustees Account, on
behalf of the applicants, earning interest at the official rate as published
by the JSE. Applicants are requested to contact their stockbroker, financial
adviser or Central Securities Depository Participant ("CSDP") with regard to
the return of their application monies.
Johannesburg
12 November 2001
Corporate adviser and co-sponsor Lead sponsor and the Bank providing
Barnard Jacobs Mellet Corporate the Put
Finance Standard Corporate and Merchant Bank
Attorneys Structured and arranged by
Cliffe Dekker Fuller Moore Inc. Barnard Jacobs Mellet - Structured
Products
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
