DNA SUPPLY CHAIN INVESTMENTS LIMITED -
DNA SUPPLY CHAIN INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/004875/06)
Share code: DNA ISIN: ZAE000022794
("DNA")
ANNOUNCEMENT REGARDING
* the fulfillment or waiver of certain conditions precedent relating to the
offer made by Super Group Trading (Proprietary) Limited ("Super Group"), a
wholly-owned subsidiary of Super Group Limited, to purchase the core business
operations of DNA ("the Super Group Offer") announced on 5 June 2003 ("the
Previous Announcement"); and
* a further announcement and cautionary.
The Super Group Offer
Further to the Previous Announcement, shareholders are advised that those
conditions precedent as more fully described in the Previous Announcement
relating to a cession of book debts, irrevocable undertakings from DNA
shareholders and the Jumpoint agreement have been fulfilled or waived.
The Super Group Offer is still, however, subject to the relevant shareholder
approvals within the DNA Group approving the sale contemplated in the Super
Group Offer and to approval being obtained, to the extent necessary, of the
relevant authorities, including the competition authorities.
Further announcement and further cautionary
Shareholders are reminded that once a formal written agreement has been
concluded with Super Group, a full announcement will be made containing full
terms of the Super Group Offer and the financial implications thereof.
Shareholders of DNA are accordingly advised to continue to exercise caution
when dealing in DNA shares.
Woodmead
25 June 2003
Corporate advisor
CHARTWELL capital group (Pty) Limited
(Registration number 1999/027720/07)
Attorneys
Brink Cohen Le Roux & Roodt Inc Attorneys
(Registration number 1993/004501/21)
Sponsor
SCMB
Standard Corporate and Merchant Bank
(A division of The Standard Bank of South Africa Limited)
(Registration number 1962/000738/06)
Date: 25/06/2003 08:30:05 AM Supplied by www.sharenet.co.za
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