JD Group Limited - Renewal of Cautionary Announcem
JD GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1981/009108/06)
Share code: JDG
ISIN code : ZAE000030771
("JD Group")
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 and FirstRand
Bank Limited have entered into a Memorandum of Understanding regarding the
proposed sale of the businesses of Profurn Limited to JD Group ("the proposed
transaction").
As the proposed transaction is conditional upon, inter alia, the approval of the
competition authorities, the terms of the relevant documentation, including
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 JD Group shares until a further announcement is made.
Johannesburg
13 August 2002
Corporate advisor Sponsor Legal advisor
Gensec Bank JP Morgan Feinsteins
Date: 13/08/2002 02:17:00 PM Produced by the JSE SENS Department
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