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

Thu 13 Jul 2017, 9:40 BUILDMAX LIMITED - Withdrawal of Cautionary Announcement
BDM 201707130010A
Withdrawal of Cautionary Announcement

BUILDMAX LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1995/012209/06)
Share Code: BDM
ISIN Code: ZAE000167318
(“Buildmax” or the “Company”)


WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT


Buildmax shareholders ("Shareholders") are referred to the cautionary announcement published
on SENS on 22 May 2017 and the renewal thereof published on SENS on 3 July 2017.

Shareholders are advised that Buildmax has been in discussions with Extract Group Limited
("eXtract") in relation to the acquisition by Buildmax of 99% of the issued shares in PT MCC
Extraction Solutions in Indonesia from eXtract. Agreement on the final transaction terms has not
been reached, however Buildmax is confident of concluding the transaction in the coming weeks.

The transaction is anticipated to be for nominal consideration of R1.00, and is therefore not
anticipated to be a categorised transaction in terms of the JSE Limited’s Listings Requirements.
Nonetheless, a further announcement will be published once the final transaction terms have
been finalised.

Accordingly, caution is no longer required to be exercised by Shareholders when dealing in
Buildmax shares.


Benoni
13 July 2017


Sponsor to Buildmax
Sasfin Capital (a division of Sasfin Bank Limited)

Date: 13/07/2017 09:40:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.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: