PROTECH KHUTHELE HOLDINGS LIMITED - Update announcement and renewal of cautionary announcement

Release Date: 21/07/2014 17:34
Code(s): PKH
 
Wrap Text
Update announcement and renewal of cautionary announcement

Protech Khuthele Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2000/024352/06)
Share code: PKH ISIN: ZAE 000101986
(“Protech” or “the Company”)

UPDATE ANNOUNCEMENT AND RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the previous cautionary announcements, last renewed on 6 June 2014 and
the subsequent update announcements, last of which was released on 1 July 2014 where shareholders
were advised that Mr Gavin Gainsford, the appointed business rescue practitioner has concluded that
there is no reasonable prospects of rescuing Protech, Protech Khuthele (Pty) Ltd and Protech Readymix
(Pty) Ltd and is applying to Court for the business rescue proceedings of these companies to be
discontinued and for the companies to be placed under liquidation.

Shareholders are advised that the Company is awaiting the appointment of the liquidator and an
announcement will be published once the liquidator is appointed.

Shareholders are advised to continue to exercising caution when dealing in Protech’s securities until a
further announcement is made.

21 July 2014
Lanseria

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

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