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GLOBAL ASSET MANAGEMENT LTD - Renewal of Cautionary Announcement

Release Date: 24/12/2014 08:30
Code(s): GAM     PDF:  
Wrap Text
Renewal of Cautionary Announcement

GLOBAL ASSET MANAGEMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/003192/06)
Share Code: GAM ISIN: ZAE000173498
("Global" or “the Company”)
ISIN Code: ZAE 000173498       Share code: 


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the announcement on SENS on 10 November 2014, and
are reminded that the Company has received a pre-approval letter from a large
institutional funder for funding assistance of up to R600 million (Six hundred million
rand) to assist the Company in achieving its capital requirements needed to finance
its longer term ambitions in the Alternative Energy sector. The Company is also
proceeding with its claw back offer early in 2015.

Accordingly shareholders are advised to continue to exercise caution when dealing
in the securities of the Company until a further announcement is made.

Johannesburg
24 December 2014

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 24/12/2014 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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