PHUMELELA GAMING AND LEISURE LIMITED - Renewal of cautionary announcement
Renewal of cautionary announcement:
Renewal of cautionary announcement
Phumelela Gaming & Leisure Limited
(Registration number 1997/016610/06)
(Incorporated in the Republic of South Africa)
Share Code: PHM ISIN: ZAE000039269
(“Phumelela” or “the Company” or “the Group”)
Renewal of cautionary announcement
The Company remains under cautionary due to:
a. continuing negotiations with the Gauteng Member of the Executive Council responsible for
Economic Development, Agriculture and Environment and the Gauteng Gambling Board
pertaining to amendments to the Gauteng Gambling Regulations; and
b. discussions and negotiations regarding the restructure and/or refinancing of its business.
These negotiations and discussions are being pursued urgently and are ongoing, despite the national
lockdown, the outcome of which may have a material effect on the price of the Company’s securities.
Shareholders are advised to continue to exercise caution when dealing in the Company's securities.
Turffontein
8 April 2020
Sponsor: Investec Bank
Date: 08-04-2020 03:30:00
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