ISA Limited - Withdrawal of Cautionary Announcemen
ISA Limited - Withdrawal of Cautionary Announcement
ISA HOLDINGS LIMITED
(formerly Y3K GROUP LIMITED)
("ISA", "the company" or "the group")
(Registration number: 1998/009608/06)
JSE share code: ISA (formerly YHK)
ISIN code: ZAE000067344 (formerly ZAE000017208)
Withdrawal of cautionary announcement
In accordance with the AltX Listings Requirements, shareholders are advised of
the risks of investing in a company listed on AltX and are advised that the JSE
does not guarantee the viability or the success of a company listed on AltX. In
terms of JSE Listings requirements a Designated Adviser has to be retained by
the company. The Designated Adviser is required to, inter alia, attend all board
meetings held by the company to ensure that all JSE 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 an offer to minorities.
Shareholders are referred to the cautionary announcement dated 12 August 2005
and are advised that the anticipated BEE transaction has not materialised. The
content referred to in the said cautionary announcement have therefore ceased to
have any significant relevance or effect on the company. Caution is therefore no
longer required to be exercised by shareholders when dealing in ISA securities.
ISA remains committed to their transformation objectives and discussions with
several potential BEE partners continue.
Randburg
6 December 2005
Designated Advisor: River Group
Date: 06/12/2005 02:19:58 PM Produced by the JSE SENS Department
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