To view the PDF file, sign up for a MySharenet subscription.

PEMBURY LIFESTYLE GROUP LIMITED - Cautionary Announcement

Release Date: 04/12/2018 17:02
Code(s): PEM     PDF:  
Wrap Text
Cautionary Announcement

PEMBURY LIFESTYLE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/205899/06)
(“the Company” or “PLG”)
ISIN Code: ZAE000222949 JSE Code: PEM


CAUTIONARY ANNOUNCEMENT


Shareholders are advised that the Company has entered into negotiations for the
acquisition from ASO Capital Proprietary Limited of its 100% wholly owned subsidiary,
Optibaby & Kids (“Optibaby”), the intellectual property developed to manage
Optibaby and the five properties owned by BVI 1528 Proprietary Limited and
occupied by Optibaby. In terms of the negotiations, it is intended that the
consideration will be settled in shares; that ASO Capital will inject cash for shares and
will play an active role in the management of PLG.

Shareholders are therefore advised to exercise caution when dealing in the
Company’s securities until a further announcement is made.

By order of the Board.


Johannesburg
4 December 2018


Designated Advisor
Arbor Capital Sponsors

Date: 04/12/2018 05:02:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story