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PSG - PSG Group Limited - Secondary Listing on the London Stock Exchange

Release Date: 14/01/2008 11:10
Code(s): PSG
Wrap Text

PSG - PSG Group Limited - Secondary Listing on the London Stock Exchange PSG Group Limited Incorporated in the Republic of South Africa Registration number 1970/008484/06 Share code: PSG ISIN code: ZAE000013017 ("PSG" or "the Company") SECONDARY LISTING ON THE LONDON STOCK EXCHANGE PSG Capital is authorised to announce that although PSG has indicated during the last six months that it contemplated a secondary listing on the official list of the London Stock Exchange, the directors of the Company have now decided not to proceed with the secondary listing at this time. PSG will revert to the market should it decide to proceed with the listing. The rational for not proceeding with the secondary listing include, inter alia, current market volatility and the negative perception of financial institutions in the international market as a result of the sub-prime situation. PSG will continue to pursue investment opportunities both in South Africa and abroad. Stellenbosch 14 January 2008 Sponsor PSG Capital (Pty) Limited Date: 14/01/2008 11:10:51 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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