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INSIMBI INDUSTRIAL HOLDINGS LIMITED - Cautionary announcement

Release Date: 20/03/2019 14:57
Code(s): ISB     PDF:  
 
Wrap Text
Cautionary announcement

Insimbi Industrial Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
(“the Company” or “the Group”)


CAUTIONARY ANNOUNCEMENT


Shareholders are advised that the Company has entered into negotiations regarding a potential strategic
acquisition which, if successfully concluded, may have a material effect on the price of the Company’s
securities.


The strategic intent of the envisaged transaction is to expand the Group’s presence and product base in the
metal recycling, beneficiation and trading business.


Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities, until a
detailed announcement is made.


20 March 2019
Johannesburg
Sponsor and Corporate Advisor: Bridge Capital Advisors Proprietary Limited

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