Jd Group Limited - Renewal Of Cautionary Announcem
JD Group Limited - Renewal of cautionary announcement
JD Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1981/009108/06)
Share code: JDG ISIN: ZAE000030771
("JD Group")
Renewal of cautionary announcement
Further to the cautionary announcement dated 13 August 2002, shareholders are
reminded that 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"), is conditional upon, inter alia, the approval of the competition
authorities and the terms of the relevant documentation, including comprehensive
agreements still to be concluded. 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
25 September 2002
Corporate advisor and transaction sponsor
Gensec Bank
Legal advisor
Feinsteins
Date: 25/09/2002 07:08:00 AM Produced by the JSE SENS Department
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