Arch Equity Limited - Further Cautionary Announcem
Arch Equity Limited - Further Cautionary Announcement Relating To Restructuring
ARCH EQUITY LIMITED
Incorporated in the Republic of South Africa
Registration number 2004/004019/06
JSE share code: ACH & ISIN: ZAE000061073
("Arch Equity")
FURTHER CAUTIONARY ANNOUNCEMENT RELATING TO RESTRUCTURING
Shareholders are referred to the cautionary announcement of 10 October 2005.
Arch Equity is still in the process of initiating a substantial restructuring
which, if successfully concluded, may have an effect on its share price.
Shareholders are accordingly advised that they should continue to exercise
caution when dealing in Arch Equity shares until a further announcement is
published in this regard.
23 November 2005
Stellenbosch
PSG Capital Limited
Designated Advisor to Arch Equity
Warning: The listing of ordinary shares in the company is on ALTx. Investors
are advised of the risks of investing in a company listed on ALTx. Investors are
advised that the JSE does not guarantee the viability or the success of a
company listed on ALTx. In terms of the Listings Requirements, the company is
obliged to appoint and retain a Designated Adviser, which is required to, inter
alia, attend all board meetings held by the company to ensure that all the
Listings Requirements and applicable regulations are complied with, approve the
Financial Director of the company and guide the company in a competent,
professional and impartial manner. If the company fails to retain a Designated
Adviser, it must make arrangements to appoint a new Designated Adviser within 10
business days, failing which the company faces suspension of trading of its
securities. If a Designated Adviser is not appointed within 30 days of its
suspension, the company faces the termination of its listing without the
prospect of an appropriate offer to minority shareholders.
Date: 23/11/2005 03:14:59 PM Produced by the JSE SENS Department
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