DTP
DTP
Datapro Group Limited - Cautionary announcement
DATAPRO GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/016433/06)
("DataPro" or "the company")
JSE Code: DTP & ISIN Code: ZAE000058061
Cautionary announcement
Shareholders are informed that the Company has commenced discussions
regarding a potential acquisition. The discussions are at an early stage
and may or may not result in a transaction.
These developments may have a material effect on the price of the
Company"s securities. Accordingly, shareholders are advised to exercise
caution in their dealings with the Company"s securities until a further
announcement is made.
The company has appointed Metier Advisory (Pty) Limited to act as its
corporate advisor in this regard.
In accordance with 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.
Johannesburg
20 October 2006
Designated Advisor
Arcay Corporate Services
Corporate Advisor
Metier Advisory (Pty) Limited
Date: 23/10/2006 07:05:14 AM Produced by the JSE SENS Department
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