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IMBALIE BEAUTY LIMITED - Update announcement in respect of the Imbalie Beauty partially underwritten renounceable rights offer

Release Date: 21/02/2018 15:37
Code(s): ILE     PDF:  
Wrap Text
Update announcement in respect of the Imbalie Beauty partially underwritten renounceable rights offer

Imbalie Beauty Limited
(Incorporated in the Republic of South Africa)
(Registration number 2003/025374/06)
JSE code: ILE
ISIN: ZAE000165239
("Imbalie Beauty” or “the Company")

UPDATE ANNOUNCEMENT IN RESPECT OF THE      IMBALIE   BEAUTY   PARTIALLY
UNDERWRITTEN RENOUNCEABLE RIGHTS OFFER

Shareholders are referred to the announcements released on SENS on
29 January 2018 and 1 and 2 February 2018 wherein shareholders were
advised that Imbalie Beauty intended to raise R15 million by way of
a partially underwritten renounceable rights offer.

Shareholders are advised that the underwriters have agreed to fully
underwrite the rights offer from R10 million to R15 million upon the
same terms and conditions as in the rights offer circular. The results
announcement will be released in due course.



21 February 2018
Woodmead

Designated Advisor
Exchange Sponsors

Date: 21/02/2018 03:37:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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