Liquidation
Planit Technology Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration No 1992/004348/06)
("Planit" or "the company")
ISIN Code : ZAE000022042
Share Code : PTH
Planit Placed In Provisional Liquidation
The board of Planit announced today that the directors have decided to apply
for the provisional liquidation of Planit to enable them to review all
alternatives for continuing operations.
The capital restructuring plan has failed to satisfy all interested parties
and the directors have no alternative but to follow the above course of
action.
The trading of the shares have been suspended on the JSE Securities Exchange
with immediate effect.
The following directors have resigned with immediate effect: Mr AG Crosby,
Mr M Moodie, Ms MJ Evans and Mr DV Wibberley.
Johannesburg
13 November 2001
Sponsor
The Janus Corporation (Pty) Limited
(Registration Number 1999/005755/07)
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