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CARGO CARRIERS LIMITED - Renewal of cautionary announcement and new cautionary announcement

Release Date: 07/04/2015 17:00
Code(s): CRG     PDF:  
Wrap Text
Renewal of cautionary announcement and new cautionary announcement

CARGO CARRIERS LIMITED
(Registration Number 1959/003254/06)
Share code: CRG
ISIN: ZAE000001764
("CRG" or "the Company")


RENEWAL OF CAUTIONARY ANNOUNCEMENT AND NEW CAUTIONARY
ANNOUNCEMENT


Renewal of Cautionary Announcement
Shareholders are referred to the renewal of cautionary announcement dated
19 February 2015 and are advised that negotiations with both CRG and the other
preferred bidder are still in progress. Details of the potential acquisition will only be
released should terms be agreed. Shareholders are accordingly advised to continue
to exercise caution when dealing in the Company’s securities until a further
announcement is made.

New Cautionary Announcement
CRG has received an offer for the purchase of its shareholding in one of its subsidiary
companies, which offer is subject to the fulfilment of a number of suspensive
conditions, the last of which is required to be fulfilled by 30 April 2015. Shareholders
are advised to exercise caution when dealing in the Company’s securities until such
time as an announcement relating to the fulfilment of the conditions precedent is
made.

Johannesburg
7 April 2015

Sponsors
Arbor Capital Sponsors Proprietary Limited

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