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PSV - PSV Holdings Limited - Finalisation of the group line projects (PTY) Ltd

Release Date: 14/10/2011 08:27
Code(s): PSV
Wrap Text

PSV - PSV Holdings Limited - Finalisation of the group line projects (PTY) Ltd disposal PSV HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/004365/06) JSE code: PSV ISIN: ZAE000078705 ("PSV") FINALISATION OF THE GROUP LINE PROJECTS (PTY) LTD DISPOSAL Further to the transaction announcements, dated 10 June 2011, 14 July 2011 and 18 August 2011, the Board of PSV has pleasure in announcing that all conditions precedent relating to the disposal of Group Line Projects (Pty) Ltd has been met and that the disposal is now unconditional in all respects. As previously advised the consideration received will be utilised to settle interest bearing debt Johannesburg 14 October 2011 Designated Adviser Vunani Corporate Finance Date: 14/10/2011 08:27:01 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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