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DAWN - Sheerline Disposal Unconditional

Release Date: 03/12/2001 15:29
Code(s): DAW
Wrap Text
Distribution and Warehousing Network Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/008265/06)
Share code: DAW, ISIN code: ZAE 000018834
("DAWN")
SHEERLINE DISPOSAL UNCONDITIONAL

Further to the announcement dated 11 September 2001 regarding the disposal by DAWN of the Sheerline business to Africa Glass Industries Limited, shareholders are advised that the Competition Commission has approved the disposal on 29 November 2001 and, as the approval was the only outstanding condition precedent, the disposal is now unconditional. Johannesburg 3 December 2001 Corporate adviser Argil Corporate Finance Sponsor Deloitte & Touche Sponsor Services Attorneys Hofmeyr, Herbstein & Gihwala

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