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METROFILE HOLDINGS LIMITED - Voluntary Announcement Transformation of Metrofile Holdings led by Digital Practice

Release Date: 27/11/2017 17:45
Code(s): MFL     PDF:  
Wrap Text
Voluntary Announcement – Transformation of Metrofile Holdings led by Digital Practice

Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN Code: ZAE000061727
("Metrofile Holdings" or "the Company")


VOLUNTARY ANNOUNCEMENT – TRANSFORMATION OF METROFILE HOLDINGS LED BY
DIGITAL PRACTICE


Shareholders are advised that Metrofile Holdings will be forming a new
Digital Company as part of its ongoing digital transformation; to be
launched in early 2018 with senior technology leaders to lead and grow
the new digital business.

The Digital Company will be a world leading cloud based software,
infrastructure, security and data platform based entity, providing inter
alia, digital site recovery, data archiving, backup management and
security, artificial intelligence, predictive analytics, “Big Data” and
“Internet of Things” solutions to companies of all sizes, including the
Metrofile customer base, giving them a competitive edge in their
respective industries.


Senderwood
27 November 2017

Sponsor
The Standard Bank of South Africa Limited

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