| Fri 2 Jun 2006, 9:52 | | Acc-Ross Holdings Renewal of Cautionary Announcem |
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Acc-Ross Holdings - Unaudited Results and Renewal 2 Jun 2006
ACC
ACC
Acc-Ross Holdings - Unaudited Results and Renewal of Cautionary Announcement
ACC-ROSS HOLDINGS LIMITED
(formerly Le-Sel Holdings Limited)
(Registration Number: 2000/000059/06)
Share code: ACC & ISIN code: ZAE000077335
("Acc-Ross Holdings" or "the company")
RENEWAL OF CAUTIONARY ANNOUNCEMENT
The company is considering, inter alia, the potential introduction of a second
strategic partner for Acc-Ross, which, if negotiations are successful, could
affect the price at which the companies securities trade. Accordingly,
shareholders are advised to continue to exercise caution in dealing in their
securities.
GENERAL
In accordance with AltX Listings Requirements, shareholders are advised of the
risks of investing in a company listed on the AltX and that the JSE does not
guarantee the viability or the success of a company listed on the AltX. In
terms of the JSE Listings Requirements, a Designated Advisor has to be retained
by the company. The Designated Advisor is required, inter alia, to attend all
board meetings held by the company to ensure that all the 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 Advisor it must
make arrangements to appoint a new Designated Advisor within 10 business days,
failing which the company faces suspension of trading of its securities. If a
Designated Advisor is not appointed within 30 days of its suspension, the
company faces the termination of its listing without an offer to minorities.
By order of the Board
AM Mashiatshidi JJ Verster
Chairperson Chief Executive Officer
31 May 2006
Johannesburg
Registered Office
Arcay House, Number 3 Anerley Road, Parktown, Johannesburg,
2193
PO Box 62397, Marshalltown, Johannesburg, 2107
Directors
AM Mashiatshidi *(Chairman), JJ Verster (CEO), N Owen, A
Wiese, Dr NM Phosa*, KS Mthembu*, EM Sono* (Alternate - H
Friedman)
* Non-executive
Designated Advisor Transfer Office
Arcay Corporate Services Computershare Investor Services 2004
(Proprietary) Limited
Date: 02/06/2006 09:30:31 AM Produced by the JSE SENS Department
