SUR - Spur Corporation - Spur Corporation not to proceed with
Spur Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/000828/06)
Share code: SUR
ISIN: ZAE 000022653
SPUR CORPORATION NOT TO PROCEED WITH CAPPUCCINO`S TRANSACTION
Spur Corporation announced in the press on 6 June 2011 that it planned
to acquire a 60% stake in the Cappuccino`s restaurant chain. The
transaction was subject to the completion of a due diligence review.
Following the conclusion of this due diligence process the management of
Spur Corporation and Cappuccino`s have agreed, by mutual consent, not to
proceed with the transaction.
5 August 2011
A division of Sasfin Bank Limited
Date: 05/08/2011 12:15:07 Supplied by www.sharenet.co.za
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