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IMBALIE BEAUTY LIMITED - Termination of Curves Africa transaction

Release Date: 05/02/2016 09:59
Code(s): ILE     PDF:  
Wrap Text
Termination of Curves Africa transaction

Imbalie Beauty Limited
(Registration number 2003/025374/06)
JSE Share code: ILE ISIN: ZAE000165239
(“Imbalie Beauty” or “the Company” or “the Group”)


TERMINATION OF CURVES AFRICA TRANSACTION




Shareholders are referred to the Sens announcement dated 4 November 2015 in which shareholders
were advised that Imbalie Beauty has entered into Heads of Agreement to acquire Constantia
Corporation Limited, Franschoek Franchising Services (Pty) Limited, Kaleidoscope Branding CC and
Kimoscape (Pty) Limited (“Curves Africa”) from Pembrook Properties Limited and Unakite Investments
Limited (“the Sellers”) (together “the transaction”).

Shareholders are advised that Imbalie Beauty and the Sellers have decided not to proceed with the
transaction.


Designated Advisor
Exchange Sponsors

Legal Advisor
Bouwers Inc

5 February 2016
Johannesburg

Date: 05/02/2016 09:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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