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Renewal of Cautionary Announcement
Allied Electronics Corporation Limited
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: AEL ISIN: ZAE000191342
Share Code: AEN ISIN: ZAE000191359
(“Altron” or “the company”)
Renewal of Cautionary Announcement
Shareholders are referred to the renewal of cautionary announcement released by the
company on SENS on 24 June 2015 and are advised as follows:-
- Altech Autopage has concluded separate heads of agreement with both Mobile
Telephone Networks (Pty) Ltd (“MTN”) and Cell C (Pty) Ltd (“Cell C”) for the sale of its
MTN and Cell C GSM subscriber bases respectively, with a view to concluding formal
agreements in due course; and
- Altech Autopage remains at an advanced stage of negotiations regarding the disposal
of its Vodacom GSM subscriber base to Vodacom (Pty) Ltd.
Should these negotiations with the aforesaid mobile network operators be successfully
concluded, this may have a material effect on the company’s securities and consequently
shareholders are advised to continue exercising caution when dealing in the company’s
securities until a further announcement is made regarding the salient terms of these
transactions.
Johannesburg
5 August 2015
Sponsor
Investec Bank Limited
Date: 05/08/2015 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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