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COH - Curro Holdings Limited - Voluntary announcement: Curro enters KZN

Release Date: 16/02/2012 16:46
Code(s): COH
Wrap Text

COH - Curro Holdings Limited - Voluntary announcement: Curro enters KZN private schools market Curro Holdings Limited Incorporated in the Republic of South Africa Registration Number: 1998/025801/06 Share code: COH ISIN: ZAE000156253 ("Curro" or "the Company") VOLUNTARY ANNOUNCEMENT: CURRO ENTERS KZN PRIVATE SCHOOLS MARKET Curro is pleased to announce that it has acquired two Durban based private schools namely Embury College in Morningside, a combined private school of 850 learners ("Embury College"), and Hillcrest Christian Academy, a primary school with 650 learners in the suburb of Hillcrest ("Hillcrest Christian Academy"). The acquisition forms part of the Company`s integral strategy to acquire, develop and operate private schools in South Africa. The acquisitions of both Embury College and Hillcrest Christian Academy falls below the category 2 transaction threshold as set out in section 9 of the Listings Requirements. Accordingly, no action is required from Curro shareholders and this announcement is made for information purposes only. Shareholders are further advised that the cautionary announcement issued on 17 January 2012 is still effective and accordingly shareholders are advised to continue to exercise caution when dealing in the Company`s securities until a further announcement is made. Durbanville 16 February 2012 Corporate Adviser PSG Capital Designated adviser Sasfin Capital (a division of Sasfin Bank Limited) Date: 16/02/2012 16:46:25 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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