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METROFILE HOLDINGS LIMITED - Further cautionary announcement

Release Date: 04/03/2020 11:30
Code(s): MFL     PDF:  
Wrap Text
Further cautionary announcement

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


Metrofile's shareholders are referred to the cautionary announcement dated 24 January 2020 relating
to the ongoing discussions between the Company and the Housatonic Consortium regarding the
potential acquisition of the entire issued share capital of Metrofile.

The Housatonic Consortium has advised Metrofile that its funding arrangements are near-final,
however, arrangements with a BEE partner are taking longer than expected to finalise. The Housatonic
Consortium expects to finalise arrangements with a BEE partner by 31 March 2020.

Shareholders are advised to continue to exercise caution when dealing in the Company's securities
until a further announcement is made in this regard.

4 March 2020

Sponsor: The Standard Bank of South Africa Limited

Date: 04-03-2020 11:30:00
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