Bytes Technology Group Limited - Renewal Of Cautio
Bytes Technology Group Limited - Renewal Of Cautionary Announcement
Bytes Technology Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1911/003874/06)
(Share code: BTG) (ISIN: ZAE000029526)
("BTG")
RENEWAL OF CAUTIONARY ANNOUNCEMENT
Further to the latest cautionary announcement published on 2 July 2002,
shareholders are advised that considerable progress has been made with regard to
the acquisition of 100% of the equity of a broad-based IT services operation in
the United Kingdom ("UK"). The acquisition will complement BTG`s existing UK
operations and enhance the group`s IT offering. Agreement has been reached in
principle with the vendors and a due diligence exercise is currently in
progress.
Accordingly, shareholders are advised to continue to exercise caution when
dealing in BTG`s ordinary shares until a further announcement is made.
Johannesburg
14 August 2002
Investment bank, SA advisor and joint sponsor
Nedcor Investment Bank
UK advisor
Standard Bank London
Joint sponsor
ENF Sponsors
Date: 14/08/2002 05:06:10 PM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
