To view the PDF file, sign up for a MySharenet subscription.

Sekunjalo - Renewal of cautionary announcement

Release Date: 24/03/2006 13:24
Code(s): SKJ
Wrap Text

Sekunjalo - Renewal of cautionary announcement Sekunjalo Investments Limited (Incorporated in the Republic of South Africa) (Registration number 1996/006093/06) Share code: SKJ ISIN: ZAE000017893 ("Sekunjalo" or "the company") RENEWAL OF CAUTIONARY ANNOUNCEMENT Sekunjalo shareholders are referred to the announcements dated 28 June 2005 and 4 July 2005 regarding Sekunjalo"s subscription for 4 100 new ordinary shares in Bioclones (Proprietary) Limited ("Bioclones") ("the first tranche subscription"), the option granted to Sekunjalo to acquire a further 800 ordinary shares in Bioclones ("the second tranche option") and the further acquisition by Sekunjalo of 1 800 ordinary shares in Bioclones by no later than 15 July 2006, ("the third tranche acquisition") (collectively "the acquisition"). Shareholders are advised that certain terms regarding the acquisition are still being re-negotiated. Shareholders will be advised in due course of any material changes to the terms and conditions of the acquisition, the financial effects of the acquisition and the expected time of the posting of a circular containing details of the acquisition, if required ("the information"). Shareholders are therefore advised to continue exercising caution when dealing in Sekunjalo"s securities until the information is published. Cape Town 24 March 2006 Sponsor Nedbank Capital Date: 24/03/2006 01:24:12 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

Share This Story