Johnnic Holdings Limited - Further Cautionary Anno
Johnnic Holdings Limited - Further Cautionary Announcement
Johnnic Holdings Limited
("Johnnic" or "the Company")
(Incorporated in South Africa)
Registration number: 1889/000429/06
Share code: JNC
ISIN Code: ZAE000024352
Further Cautionary Announcement
Johnnic shareholders are referred to the announcement published by Johnnic on 22
September 2003 as well as the Update on Cautionary Announcement released on SENS
on 18 November 2003 by Kagiso Media Limited ("Kagiso Media"), Johnnic
Communications Limited ("Johncom") and Caxton and CTP Publishers and Printers
Limited (collectively the "Consortium").
The announcement by the Consortium referred to above and in particular the
further joint cautionary announcement contained therein, advises that Kagiso
Media and Johncom are still in processes to secure certain of the media assets
of New Africa Investments Limited.
The successful outcome of these processes may have a material effect on the
share price of Johncom and consequently the share price of Johnnic. Johnnic
shareholders are accordingly advised to continue exercising caution when dealing
in their Johnnic shares until a further announcement is made.
Johannesburg
19 November 2003
Sponsor
Merrill Lynch South Africa (Pty) Limited
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