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TTO - Trustco Group Holdings Limited - Further Cautionary Announcement

Release Date: 10/11/2011 09:15
Code(s): TTO
Wrap Text

TTO - Trustco Group Holdings Limited - Further Cautionary Announcement Relating to Trustco Mobile (Pty) Ltd TRUSTCO GROUP HOLDINGS LIMITED Incorporated in the Republic of Namibia Registration number 2003/058) NSX share code: TUC JSE share code: TTO ISIN Number: NA000A0RF067 ("the Company" or "Trustco") Further Cautionary Announcement Relating to Trustco Mobile (Pty) Ltd Further to the cautionary announcements dated 03 February 2011,14 March 2011,15 April 2011,26 May 2011,6 July 2011,18 August 2011 and 29 September 2011 shareholders are advised that Trustco`s subsidiary, Trustco Mobile (Pty) Ltd, remains engaged in negotiations, which have transpired for a longer duration than initially expected, with several parties in pursuance of its reported expansion strategy into Africa. The Company is however confident that these negotiations will shortly be concluded and an announcement will be made to that extent in due course. The said negotiations, if successfully concluded, may have a material effect on the price of the Company`s securities. Accordingly shareholders are therefore advised to continue exercising caution when dealing in the Company`s securities until a full announcement is made. By order of the Board M Gebhardt Company Secretary Windhoek, 10 November 2011 JSE Sponsor QuestCo Sponsors (Pty) Limited NSX Sponsor IJG Securities (Pty) Limited Date: 10/11/2011 09:15:01 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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