Cautionary announcement regarding a potential offe
Chemical Services Limited -
Chemical Services Limited
(Incorporated in the Republic of South Africa)
(Registration number 1967/003338/06)
Share code: CHE ISIN: ZAE000009908
("Chemserve" or "the Company)
CAUTIONARY ANNOUNCEMENT REGARDING A POTENTIAL OFFER TO BE MADE BY AECI LIMITED
TO ACQUIRE THE ENTIRE ISSUED SHARE CAPITAL OF CHEMSERVE
Shareholders in Chemserve ("Shareholders") are referred to the cautionary
announcement published by AECI Limited ("AECI") on 4 September 2003 and are
advised that AECI has approached the board of directors of Chemserve in
connection with a potential offer to be made by AECI in terms of which it will
acquire the entire issued share capital of Chemserve which it does not already
own (the "Potential Offer").
Shareholders are advised that the board of directors of Chemserve will be
meeting with representatives of AECI to discuss the Potential Offer and to the
extent necessary will obtain appropriate external advice. In the interim
Shareholders are advised to exercise caution when dealing in the Company"s
shares until such time as a full announcement is made.
Bryanston
4 September 2003
Advisor and sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 04/09/2003 04:31:05 PM Supplied by www.sharenet.co.za
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