Tradek Holdings Limited - Further Cautionary Annou
Tradek Holdings Limited - Further Cautionary Announcement
Tradek Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1964/001296/06
Share code: TDK
ISIN: ZAE000018891
("Tradek" or "the company")
FURTHER CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement dated 25 October 2002, shareholders are
advised that Northpark Trading 47 (Proprietary) Limited ("Northpark") has
acquired a 36,9% interest in the issued shares capital of Tradek at a price of
12 cents per Tradek share ("the offer price"). As a consequence, effective
control of Tradek has passed to Northpark, and Northpark is obliged to make an
offer to Tradek minority shareholders, at the offer price, in terms of the
requirements of the Securities Regulation Panel.
Accordingly, shareholders are advised to exercise caution when dealing in the
company`s securities until a full announcement is made later today
21 November 2002
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Date: 21/11/2002 01:14:00 PM Produced by the JSE SENS Department
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