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WILLIAM TELL HOLDINGS LIMITED - Renewal of Cautionary Announcement

Release Date: 15/05/2014 11:15
Code(s): WTL     PDF:  
Wrap Text
Renewal of Cautionary Announcement

William Tell Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2004/030045/06)
Share code: WTL ISIN: ZAE000098133
(“William Tell” or “the Company”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Further to the cautionary announcement dated 31 August 2012, and the subsequent renewal of
cautionary announcements, the last of which was dated 28 March 2014, the announcement regarding
the voluntary suspension of listing dated 27 September 2012 and the voluntary announcements
regarding the liquidation of William Tell Industries Proprietary Limited (“William Tell Industries”) 
dated 5 October 2012 and 28 November 2012, shareholders are advised that the full impact of the liquidation 
of William Tell Industries is still being determined, which may have a material effect on the price of 
William Tell’s securities.

Furthermore, shareholders are advised that further to the renewal of cautionary announcements dated
20 August 2013, 14 November 2013, 2 January 2014, 13 February 2014 and 28 March 2014 negotiations in 
relation to a possible rescue scheme have ceased and no shareholders meeting will be convened in this 
regard. It is clear that no funds will flow to the Company for distribution to shareholders and that 
William Tell and the remaining subsidiaries will be orderly liquidated in due course. This process is 
still being finalised and accordingly, shareholders are advised to continue exercising caution
when dealing in the Company’s securities, until a further announcement is made.

Johannesburg
15 May 2014

Designated Adviser
Merchantec Capital

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