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THE FOSCHINI GROUP LIMITED - Voluntary Announcement in relation to RCS

Release Date: 16/08/2013 15:53
Code(s): TFG TFGP     PDF:  
Wrap Text
Voluntary Announcement in relation to RCS

THE FOSCHINI GROUP LIMITED (“TFG” or “Company”)
Reg. No.: 1937/009504/06
Code: TFG
ISIN: ZAE000148466

VOLUNTARY ANNOUNCEMENT IN RELATION TO RCS

Shareholders are referred to the announcement dated 21 June
2013 wherein the Company advised that the process of
reducing TFG’s shareholding in its 55% held subsidiary, RCS
Investment Holdings Proprietary Limited (“RCS”) had been
terminated.

Shareholders are now advised that the Company has
subsequently received an unsolicited expression of interest
to acquire 100% of RCS which the board of TFG will consider.

Further announcements will be made in this regard as and
when appropriate.


Cape Town
16 August 2013
SPONSOR
UBS South Africa (Pty) Ltd

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