Real Africa Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/0003919/06)
Share code: RAH
ISIN: ZAE000008702
("RAH" or "the company")
ANNOUNCEMENT TO RAH SHAREHOLDERS
RAH shareholders are referred to the announcement of 12 March 2003 in terms of
which the Public Investment Commissioners ("PIC") had bought RAH"s interest in
Ocfish Holdings Company Limited ("Ocfish") for R296 million plus interest at
prime less 4,5% with effect from 11 February 2003 ("the transaction").
The transaction was subject to approval by the Competition Commission ("CC") on
or before the 30 June 2003.
To date the filing to the CC has not been made. The PIC has advised that it is
not willing to agree to further extensions for obtaining the CC approval.
Shareholders will be kept informed of any further developments.
By order of the Board
30 June 2003
Merchant Bank and Sponsor
Standard Corporate and Merchant Bank
(Registration number 1962/000738/06
(A division of the Standard Bank of South Africa Limited)
Corporate Law Advisers and Consultants
Edward Nathan & Friedland (Pty) Limited
(Registration number 1999/026464/07)
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
