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WILSON BAYLY HOLMES-OVCON LIMITED - Renewal of Cautionary Announcement

Release Date: 09/12/2020 07:05
Code(s): WBO     PDF:  
Wrap Text
Renewal of Cautionary Announcement

WILSON BAYLY HOLMES - OVCON LIMITED
Building and civil engineering contractors
(Registration no. 1982/011014/06)
ISIN No: ZAE 000009932
Share code: WBO
(“WBHO” or “the Company”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Further to the cautionary announcement released on SENS on 28 October 2020, in respect of an
unsolicited indicative, non-binding and conditional proposal from a major international construction
and civil services company to acquire WBHO’s 88 per cent interest in Probuild (“Proposed
Transaction”). Shareholders are advised that negotiations are still in progress in respect of the
Proposed Transaction which, if successfully concluded may have a material effect on the price of the
Company’s securities.

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


Johannesburg

9 December 2020

Sponsor: Investec Bank Limited

Date: 09-12-2020 07:05:00
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