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LUXE HOLDINGS LIMITED - Renewal of Cautionary Announcement

Release Date: 12/12/2022 17:25
Code(s): LUX     PDF:  
Wrap Text
Renewal of Cautionary Announcement

LUXE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2000/002239/06)
Share code: LUX      ISIN Code: ZAE000286035
(“Luxe” or “the Group”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the cautionary announcement released on SENS on 19 September 2022 and to the
subsequent renewal of cautionary announcement dated 31 October 2022 (and using the terms defined therein
unless otherwise stated) and are advised that negotiations regarding the potential disposal of certain Group
assets, including Arthur Kaplan and World’s Finest Watches, by Luxe to Go Dutch for a cash consideration are
still in progress.

As the Proposed Disposal, which, if successfully concluded may have a material effect on the price at which
Luxe’s securities may expect to trade post the lifting of the suspension, shareholders are advised to continue to
exercise caution when dealing in Luxe’s securities until a further announcement is made.


Johannesburg
12 December 2022

Sponsor
Merchantec Capital

Date: 12-12-2022 05:25:00
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