Profurn Limited - Renewal Of Cautionary Announceme
PROFURN LIMITED - RENEWAL OF CAUTIONARY ANNOUNCEMENT
(Incorporated in the Republic of South Africa)
(Registration number 1968/015363/06)
Share code: PON ISIN ZAE 000016481
("Profurn")
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement dated 27 June 2002, shareholders are
advised that the required documentation has been submitted to the competition
authorities regarding the proposed transaction whereby JD Group Limited and
FirstRand Bank Limited have entered into a memorandum of understanding regarding
the sale of the businesses of Profurn to JD Group Limited ("the proposed
transaction").
As the proposed transaction is conditional upon, inter alia, the approval of the
competition authorities, the relevant documentation, including the terms of
comprehensive agreements still to be concluded, and further announcements will
be communicated after the competition authorities have issued a ruling in
respect of the proposed transaction.
Accordingly, shareholders are advised to continue to exercise caution when
dealing in their Profurn shares until a further announcement is published.
Johannesburg
13 August 2002
Merchant bank Sponsor
Rand Merchant Bank GRANT THORNTON KESSEL
Corporate Finance FEINSTEIN
A division of FirstRand CORPORATE SPONSORS
Bank Limited (PROPRIETARY) LIMITED
(Registration number
2000/00354/07)
Date: 13/08/2002 02:18:00 PM Produced by the JSE SENS Department
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