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SOUTH OCEAN HOLDINGS LIMITED - Renewal of Cautionary Announcement

Release Date: 26/09/2018 15:46
Code(s): SOH     PDF:  
Wrap Text
Renewal of Cautionary Announcement

South Ocean Holdings Limited
(Registration number 2007/002381/06)
Incorporated in the Republic of South Africa
(“South Ocean Holdings”, “the Group”)
Share code: SOH      ISIN: ZAE000092748


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the ‘Disposal of Radiant Group Proprietary Limited and Renewal of
Cautionary Announcement’ announcement issued on SENS on 14 August 2018, which outlined
the disposal by South Ocean Holdings of 100% of the issued share capital in and claims against
Radiant Group Proprietary Limited (“Radiant”) a wholly owned subsidiary of South Ocean
Holdings and the disposal of the properties from which Radiant operates (these two transactions
together referred to as “the Transaction”). Given that various conditions precedent are still
outstanding and the final disposal consideration for the disposal is still to be determined,
shareholders are advised to continue to exercise caution when dealing in the Company’s
securities until a further announcement containing the effective date and the final disposal
consideration is released on SENS.


Johannesburg
26 September 2018

Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 26/09/2018 03:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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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.

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