Relyant - Amendment Of Salient Dates Of Disposal O
Relyant - Amendment Of Salient Dates Of Disposal Of Microloan
Business
RELYANT RETAIL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1937/010108/06)
Share code: RLY ISIN number: ZAE 000016457
("Relyant" or "the Group")
AMENDMENT OF SALIENT DATES OF DISPOSAL OF MICROLOAN BUSINESS
Shareholders are referred to the announcement dated 27 May 2002 wherein it
was stated that FirstRand Bank Limited ("FirstRand") and Relyant had
mutually agreed to extend the final date for the fulfilment of all the
conditions precedent on the disposal of Relyant`s defined loan book to
Business Venture Investments No 607 (Pty) Limited, a company established for
the purpose of acquiring the microloan business of Relyant, to 14 June 2002.
Shareholders are advised that FirstRand and Relyant have mutually agreed to
further extend the final date for the fulfilment of all conditions precedent
to 5 July 2002.
Johannesburg
20 June 2002
Merchant bank Sponsor to Relyant Reporting accountants
and auditors to
Relyant
Investec Corporate Investec Bank Limited Deloitte & Touche
Finance
Legal adviser to Merchant bank to
Relyant FirstRand
Peter Dawe and RMB Corporate Finance
Associates
Date: 20/06/2002 12:24:40 PM Produced by the SENS Department
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