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AFRICAN DAWN CAPITAL LIMITED - update on Vaalmac shareholding dispute and correction of announcement

Release Date: 27/01/2014 07:45
Code(s): ADW     PDF:  
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update on Vaalmac shareholding dispute and correction of announcement

African Dawn Limited
Incorporated in the Republic of South Africa
(Registration Number:1998/020520/06 )
JSE share code: ADW
ISIN:ZAE000060703
(“African Dawn” or the “company")


UPDATE ON VAAL MAC INVESTMENTS PROPRIETARY LIMITED (“VAALMAC”)
AND CORRECTION OF ANNOUNCEMENT


Shareholders are referred to the announcement released on SENS
on 17 September 2013 wherein it was confirmed that VaalMac had
not acquired a 7.87% beneficial interest in African Dawn due
to a dispute regarding the terms of the transaction.


Shareholders are also referred to the announcement released on
SENS on Thursday, 23 January 2014, wherein it was disclosed
that Signal Futures Proprietary Limited (“Signal Futures”) has
acquired a 5.62% shareholding in African Dawn. Shareholders
are advised that the information relating to the acquisition
of a 5.62% shareholding in African Dawn by Signal Futures is
incorrect. Signal Futures holds no shares in African Dawn.


Shareholders are advised, and it is confirmed, that the
dispute referred to has been resolved.




27 January 2014
Johannesburg


Designated advisor
Sasfin Capital (a division of Sasfin Bank Limited)

Date: 27/01/2014 07:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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