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PPE - Purple Capital Limited - Cautionary announcement

Release Date: 31/05/2011 12:33
Code(s): PPE
Wrap Text

PPE - Purple Capital Limited - Cautionary announcement Purple Capital Limited (Incorporated in the Republic of South Africa) (Registration number 1998/013637/06) Share code: PPE ISIN:ZAE000071411 ("Purple Capital" or "the company") Cautionary announcement Acquisition of a significant player in the sports betting industry Shareholders are advised that Purple Capital has entered into an agreement, subject to certain conditions precedent, to acquire a significant player in the sports betting industry in South Africa for a purchase consideration of R60 million. If successfully concluded the acquisition may have a material effect on the price of the company`s shares. Shareholders are accordingly advised to exercise caution when dealing in the company`s shares until a full announcement is made. Johannesburg 31 May 2011 Sponsor: KPMG Services (Pty) Limited Date: 31/05/2011 12:33:00 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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