INTERVID LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT
INTERVID LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT
INTERVID LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/011483/06)
Share code: ITV
ISIN: ZAE000025615
(Intervid or the Company)
FURTHER CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement dated 11 December 2003, negotiations
between Intervid and its principal loan creditor, RFS Holdings Limited,
regarding the possible restructure of the compulsorily convertible loan advanced
to Intervid International AG are ongoing.
In addition, shareholders are further advised that Intervid is exploring the
option of proposing a rights offer to shareholders, which offer is subject to
the fulfilment of certain conditions precedent.
Accordingly, shareholders are advised to continue exercising caution when
dealing in Intervids shares until a detailed announcement is made.
Durban
9 January 2004
Sponsor
Rand Merchant Bank, a Division of FirstRand Bank Limited Corporate Finance
Transactional sponsor
Nedbank Corporate
Date: 09/01/2004 05:03:02 PM Produced by the JSE SENS Department
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