CARGO CARRIERS LIMITED - Renewal of Cautionary Announcement

Release Date: 06/09/2018 16:56
Code(s): CRG
 
Wrap Text
Renewal of Cautionary Announcement

CARGO CARRIERS LIMITED
(Registration Number 1959/003254/06)
Share code: CRG
ISIN: ZAE000001764
("Cargo Carriers" or "the Company")


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the cautionary announcement dated 1 February 2018 in which they
were advised that the Company has received a non-binding expression of interest (“EOI”), which
could possibly result in an offer being made to shareholders, and to the subsequent renewal of
cautionary announcements, the last of which was dated 25 July 2018.

Constructive discussions with Cargo Carriers Holdings (Pty) Ltd (“CCH”) – which currently owns
61.11% of the issued share capital of the Company – are continuing. However, to date such
discussions have not resulted in a firm intention by CCH to make an offer in terms of the Companies
Act, 2008.

Shareholders are accordingly advised to continue to exercise caution when dealing in their shares
until a further announcement in this regard is made.

By order of the Board
Johannesburg

06 September 2018

Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 06/09/2018 04:56:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story