Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Tue 2 May 2017, 17:14 PEMBURY LIFESTYLE GROUP LIMITED - Cautionary Announcement
PEM 201705020058A
Cautionary Announcement

PEMBURY LIFESTYLE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/205899/06)
(“PL Group” or “the Company”)
ISIN Code: ZAE000222949 JSE Code: PEM


CAUTIONARY ANNOUNCEMENT


Shareholders are advised that the Company has entered into negotiations to acquire six
Pembury retirement lodges and villages. Pembury Retirement Lodges and Villages comprise five
lodges in Gauteng (Melrose, Bryanston, Sandton, Fairland and Magaliesburg) and one lodge in
the Western Cape (Plettenberg Bay). These lodges currently offer more than 400 units, with
plans to increase this to 700 units in the next 12 months. This is in line with PL Group’s strategy to
diversify into the retirement segment, as stated in the Company’s prospectus which was issued
on 9 March 2017.

Shareholders are accordingly advised to exercise caution when dealing in their shares until a
further announcement, detailing the acquisition terms and conditions, is made.


By order of the board
Johannesburg
2 May 2017

Designated Advisor
Arbor Capital Sponsors

Date: 02/05/2017 05:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: