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IFCA Technologies Ltd - Update on the mandatory offer

Release Date: 13/07/2012 11:26
Code(s): IFC
Wrap Text
IFCA Technologies Limited 

(Incorporated in the Republic of South Africa) 

(Registration number: 2006/030759/06) 

Share code: IFC ISIN: ZAE000088555 

("IFCA" or "the Company") 

UPDATE TO THE MANDATORY OFFER 


Further to the SENS announcement released on 4 June 2012, where shareholders were advised that the payment of the mandatory offer consideration had been delayed. The Company wishes to advise shareholders that the process of settlement of the mandatory offer consideration has been initiated.
Settlement of the mandatory offer consideration will commence pro-rata on 20 July 2012 with full and final settlement expected by the latest 30 August 2012. Further announcements will be released regarding this in due course. Contact person: Sagie Van Niekerk 082 488 8629 Johannesburg 13 July 2012
Designated Adviser: Bridge Capital Advisors (Pty) Limited
Date: 13/07/2012 11:26:00 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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