Spur - Acquisition Of A 60% Share In John Dory`s Fish & Grill
SPUR CORPORATION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/000828/06)
Share code: SUR
ISIN: ZAE000022653
(`Spur` or `the company`)
ACQUISITION OF A 60% SHARE IN JOHN DORY`S FISH & GRILL
The Board of Directors of Spur is pleased to advise that Spur has acquired a 60%
share in the Kwa-Zulu Natal based franchise, John Dory`s Fish & Grill, for a
cash consideration of R5,5 million (`the transaction`). The existing franchise
consists of seven outlets and it is Spur`s intention to roll out further stores
throughout South Africa on a franchised basis.
The transaction will not have a material impact on either the headline earnings
per share or net asset value per share of Spur in the current financial year.
The transaction is not a `category` transaction in terms of Section 9 of the
Listings Requirements of the JSE Securities Exchange South Africa.
Cape Town
7 December 2004
Sponsor:
Barnard Jacobs Mellet Corporate Finance (Pty) Limited
Date: 07/12/2004 10:55:02 AM
Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
