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METROFILE HOLDINGS LIMITED - Further cautionary announcement

Release Date: 11/09/2019 14:00
Code(s): MFL     PDF:  
Wrap Text
Further cautionary announcement

(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
JSE share code: MFL
ISIN: ZAE000061727
(“Metrofile Holdings” or the “Company”)


Shareholders are referred to the announcement dated 6 September 2019 relating to the current
discussions between the Company and a third party following an approach to the board of
directors of Metrofile (“Board”) regarding the potential acquisition of the entire issued share capital
of the Company (“Approach”).

The Company has become aware of speculation on social media as to what the offer price per
share might be. Shareholders are advised that the Approach is at an early stage and is subject
to ongoing diligence and negotiations and the offer price per share has not yet been considered
or agreed upon by the independent sub-committee of the Board.

Shareholders should accordingly continue to exercise caution when trading in their Metrofile
securities until a further announcement in this regard is made.

11 September 2019

Sponsor and Financial Adviser:
The Standard Bank of South Africa Limited


Date: 11/09/2019 02:00:00
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