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CONDUIT CAPITAL LIMITED - Renewal of Cautionary Announcement

Release Date: 11/06/2024 16:00
Code(s): CND     PDF:  
Wrap Text
Renewal of Cautionary Announcement

Conduit Capital Limited
Incorporated in the Republic of South Africa
(Registration number 1998/017351/06)
Share code: CND  ISIN: ZAE000073128
("Conduit Capital" or "the Company")


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the cautionary announcement released on SENS on 21 June 2022 and to the
subsequent renewal of cautionary announcements, the last of which was dated 26 April 2024, and to the
announcements released on SENS on 14 September 2022 and 21 September 2022 (and using the terms
defined therein unless otherwise stated herein) regarding, inter alia:

o      the High Court's granting of a provisional liquidation order to place CICL into liquidation ("Order"); and

o      the Board's request for the suspension of trade in the Company's shares until such time as the Board
       has had an opportunity to further engage with the liquidator, assess the full impact of the Order on the
       Conduit Capital business and publish its audited financial results for the year ended 30 June 2022.

Given that CICL was Conduit Capital's main subsidiary and the uncertainty of the impact of the Order on Conduit
Capital, shareholders are advised to continue to exercise caution when dealing in the Company's securities
until a further announcement is made.


Cape Town
11 June 2024

Sponsor
Merchantec Capital

Date: 11-06-2024 04:00:00
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