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Letshego Holdings Limited - Withdrawal of cautionary announcement

Release Date: 27/06/2014 09:40
Code(s): LHL02 LHL01 LHL03     PDF:  
Wrap Text
Withdrawal of cautionary announcement

Letshego Holdings Limited
Incorporated in the Republic of Botswana
Registration number 98/442
(“Letshego Holdings” or “the Company”)

This announcement is being released on the Johannesburg Stock Exchange
for information purposes only in respect of Letshego Holdings
Limited’s Note Programme.

                   WITHDRAWAL OF CAUTIONARY ANNOUCEMENT


Letshego Holdings Limited (“LHL” / “the Company”) was incorporated in
1998, is headquartered in Gaborone and has been publicly listed on the
Botswana Stock Exchange (BSE) since 2002. It is a holding company with
consumer and micro lending subsidiaries across ten countries in
Southern and East Africa - Botswana, Kenya, Lesotho, Mozambique,
Namibia, Rwanda, South Sudan, Swaziland, Tanzania and Uganda.

The Board of Directors informed Shareholders on the 25th February 2014
via a cautionary announcement, which was renewed on the 16th April 2014
and 22nd May 2014, that the Company has entered into negotiations with
a third party in the Eastern Africa region which, if successfully
concluded, and subject to all regulatory approvals, may result in a
transaction that could have an impact on the price of the Company’s
securities.

The Board now wishes to inform Shareholders that these negotiations
were not successful and have been discontinued. Therefore,
Shareholders are advised that exercising caution when dealing in the
Company’s securities is no longer required.

For and on behalf of the board

J A Burbidge

Chairman

27 June 2014



Debt sponsor in South Africa
The Standard Bank of South Africa Limited,          acting   through   its
Corporate and Investment Banking division

Sponsoring broker in Botswana
Stockbrokers Botswana Limited

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