Information on further offer and withdrawal of cau
Lyons -
Lyons Financial Solutions Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/022117/06)
("Lyons")
Share code: LYS ISIN: ZAE000024709
Information on further offer and withdrawal of cautionary announcement
Shareholders are referred to the announcement released on the Securities
Exchange News Service on 3 October 2003 and published in the press on 6 October
2003 relating to an offer by a consortium comprising Pangbourne Properties
Limited and Mettle Operations Limited ("the consortium") to acquire
substantially all of the assets and liabilities of Lyons.
Shareholders are advised that the board of directors of Lyons has decided not to
pursue the offer by the consortium and continue to recommend to Lyons minority
shareholders to accept the offer by Icarus Nominees (Proprietary) Limited, of
which details were published in the press on 6 October 2003.
Accordingly, shareholders no longer need to exercise caution when dealing in
their Lyons shares.
Sandton
9 October 2003
Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
(Registration number 1996/000034/07)
Date: 09/10/2003 02:27:01 PM Supplied by www.sharenet.co.za
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