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TELKOM SA SOC LIMITED - Cautionary announcement

Release Date: 30/08/2017 08:57
Code(s): TKG     PDF:  
Wrap Text
Cautionary announcement

 
Telkom SA SOC Limited
(Registration number 1991/005476/30)
JSE share code: TKG
ISIN: ZAE000044897
(“Telkom”)


Cautionary Announcement


Shareholders are advised that Telkom’s major shareholder, the Government of the Republic of South Africa
(“Government”), is currently considering various strategic options with regards to partially reducing its current
approximate 39% shareholding in Telkom (“Government’s Telkom Proposal”).

The implementation of Government’s Telkom Proposal may have a material effect on Telkom’s share price.
Accordingly, shareholders are advised to exercise caution when dealing in Telkom’s securities until a further
announcement is made in this regard.


Centurion
30 August 2017


Investment bank, corporate advisor and transaction sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Sponsor
The Standard Bank of South Africa Limited

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