Primedia Limited - Further cautionary announcement
Primedia Limited - Further cautionary announcement
Primedia Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/003355/06)
Share code: PMA ISIN: ZAE000035119
Share code: PMN ISIN: ZAE000035127
("Primedia")
Further cautionary announcement
Primedia shareholders are referred to the announcement by Primedia dated 2
October 2003 ("the announcement").
In terms of the announcement, Primedia shareholders were advised that
undertakings have been given to use best endeavours to ensure that NAIL becomes
bound by put and call arrangements relating to the acquisition by Primedia of
certain of the radio interests and the outdoor interests of New Africa
Investments Limited ("Primedia acquisitions"). The Primedia acquisitions are
subject to certain regulatory approvals. Primedia shareholders are accordingly
advised to exercise caution in dealing in their Primedia shares until a further
announcement is made.
Sandton
14 November 2003
Investment bank Sponsor
Investec Corporate Finance Investec Bank Limited
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