Jasco - Change In Sector & Further Cautionary Anno
JASCO - CHANGE IN SECTOR & FURTHER CAUTIONARY ANNOUNCEMENT
JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003293/06)
Share Code : JSC ISIN: ZAE000003794
("Jasco")
CHANGE IN SECTOR ON THE JSE AND FURTHER CAUTIONARY ANNOUNCEMENT
JASCO MOVES BACK TO THE ELECTRONICS SECTOR
Jasco is pleased to advise its shareholders that the JSE Securities
Exchange South Africa ("JSE") has agreed to transfer its listing from
its current sector of Information Technology Hardware -
"Telecommunications Equipment" (938), to the Electronic and Electrical
Equipment - "Electronic Equipment"(253) sector of the List.
The change follows a request from Jasco to the JSE on the basis that the
Jasco directors believe that there is greater similarity between Jasco`s
activities and those of the other companies listed in the Electronics
sector, rather than those in the Information Technology sector.
The change is effective from the commencement of business on Monday 23rd
September 2002.
FURTHER CAUTIONARY ANNOUNCEMENT
Jasco shareholders are advised that the negotiations referred to in the
cautionary announcement dated 3rd September 2002 are continuing. If
successfully concluded, the resulting transaction may have an effect on
Jasco`s share price.
Jasco shareholders are accordingly advised to continue to
exercise caution in dealing in their shares until a further
announcement is made.
Woodmead
23 September 2002
SPONSOR
SASFIN BANK LIMITED
Date: 23/09/2002 10:15:00 AM Produced by the JSE SENS Department
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