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AFRICAN BANK INVESTMENTS LIMITED - Further cautionary: sale of the entire issued equity held in the Standard General Insurance Company Limited

Release Date: 14/07/2015 14:49
Code(s): ABLP ABL     PDF:  
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Further cautionary: sale of the entire issued equity held in the Standard General Insurance Company Limited

AFRICAN BANK INVESTMENTS LIMITED (In business rescue)
(Incorporated in the Republic of South Africa)
(Registration number 1946/021193/06)
(Ordinary share code: ABL) (ISIN: ZAE000030060)
(Preference share code: ABLP) (ISIN: ZAE000065215)
("ABIL" or "the Company")

FURTHER CAUTIONARY ANNOUNCEMENT: SALE OF THE ENTIRE ISSUED EQUITY HELD IN THE
STANDARD GENERAL INSURANCE COMPANY LIMITED ("STANGEN")

Stakeholders are referred to the previous Stock Exchange News Service (“SENS”) announcements released
by the Company on the offer for the sale of the equity interest held by the Company in Stangen ("the Offer").

Negotiations on the Offer are continuing and further announcements in this regard will be made in due
course.

By order of Messrs Dawie van der Merwe and John Evans as joint business rescue practitioners and the
board.

Midrand
14 July 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 14/07/2015 02:49:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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