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BELL EQUIPMENT LIMITED - Renewal of cautionary announcement: Potential BEE transaction

Release Date: 21/11/2019 16:54
Code(s): BEL     PDF:  
 
Wrap Text
Renewal of cautionary announcement: Potential BEE transaction

BELL EQUIPMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/013656/06
Share code: BEL
ISIN: ZAE000028304
("Bell Equipment" or “the Company”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT: POTENTIAL BEE TRANSACTION


Bell Equipment shareholders are referred to the cautionary
announcement released on SENS on 16 October 2019 relating to the
engagement by the Company in discussions which may culminate in the
introduction of a Black Economic Empowerment(“BEE”) shareholder into
Bell Equipment Company S A (Pty) Ltd, the manufacturing subsidiary
of the Company (“the proposed BEE transaction”).

The cautionary announcement is still relevant and applicable.
Accordingly, shareholders are advised to continue to exercise caution
when dealing in the Company’s shares until a further announcement is
made.


Richards Bay
21 November 2019

Sponsor
INVESTEC BANK LIMITED






Date: 21/11/2019 04:54:00
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