Basil Read - Disposal by Metallon Ventures (Pty) L
BSR
BSR
Basil Read - Disposal by Metallon Ventures (Pty) Limited of its remaining
interest in Basil Read
Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781
("Basil Read")
Disposal by Metallon Ventures (Pty) Limited of its remaining interest in Basil
Read
It has come to the directors" attention that Metallon Ventures (Pty) Limited
("Metallon") has entered into agreements with Amabubesi Investments (Pty)
Limited ("Amabubesi") and other Black Economic Empowerment parties for the
disposal of its remaining interest in Basil Read. Metallon and Amabubesi were
the two parties that formed part of the BEE consortium that acquired a 51.9%
interest in Basil Read last year. Following this disposal by Metallon, Black
Economic Empowerment parties will together hold an approximate 36% interest in
Basil Read.
Johannesburg
17 May 2006
Sponsor: Bridge Capital Services (Pty) Limited
Date: 17/05/2006 05:16:14 PM Produced by the JSE SENS Department
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