Corpcapital Limited - Withdrawal From Cna Transact
Corpcapital Limited - Withdrawal From CNA Transaction
Corpcapital Limited
(Registration No. 1983/011384/06)
Incorporated in the Republic of South Africa
Share Code: CPA
ISIN Code: ZAE000034260
("Corpcapital")
WITHDRAWAL FROM CNA TRANSACTION
Corpcapital Corporate Finance is authorised to announce that Corpcapital has
given notice to Wooltru Limited, Gordon Kay & Associates (Pty) Limited, Mark
Gordon and Tony Kay with whom Corpcapital concluded a binding heads of agreement
on 18 July 2002 ("the agreement") that Corpcapital is not satisfied as to the
outcome of the due diligence investigation conducted by Corpcapital in respect
of the CNA Group and accordingly does not wish to proceed with the
implementation of the transaction recorded in the agreement. In consequence, the
agreement has ceased to be of any force or effect.
Rosebank
26 July 2002
Corporate Advisor and Sponsor
Corpcapital Corporate Finance
Date: 26/07/2002 08:30:00 AM Produced by the JSE SENS Department
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