DYM: Dynamic Cables RSA Limited
Dynamic Cables RSA Limited
(Registration Number: 1987/001807/06)
Share Code: DYM
ISIN Code: ZAE 000028270
("Dynamic")
CET: Cape Empowerment Trust Limited
Cape empowerment Trust Limited
(Registration Number: 1998/014606/06)
Share Code: CAE
ISIN Code: ZAE 000016952
("CET")
Joint Announcement
With reference to the joint announcement made on the 14th November 2001
by CET and Dynamic, Shareholders are advised that due to certain delays
in finalising the reporting accountants report on the historical
information of Dynamic, as well as gathering other information required
by the independent financial advisors pertaining to the fair and
reasonable opinion, the circular pertaining to the settlement of the
purchase price payable for the acquisition of Dynamic Cables SA
(Proprietary) Limited will be posted to shareholders by the end of
January 2002.
Sponsor to Dynamic Cables RSA Limited Sponsor to Cape empowerment
Appleton Securities Logo Trust Limited
Corporate Advisors to Dynamic PSG Investment Bank Logo
Grant Thornton Kessel Feinstein
Corporate Finance (PTY) LTD
Cape Town
12 December 2001
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