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

CARTRACK HOLDINGS LIMITED - Further cautionary announcement

Release Date: 03/12/2020 14:23
Code(s): CTK     PDF:  
Wrap Text
Further  cautionary announcement

Cartrack Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/036316/06)
Share code: CTK
ISIN: ZAE000198305
(“Cartrack” or the "Company")

FURTHER CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcements dated 9 September 2020 and 22 October
2020 in terms of which shareholders were advised that the Company has entered into negotiations and
exploring options with its major shareholder, Karoo Pte Ltd, which, if successfully concluded, may result
in the restructuring of the Cartrack group which may have a material effect on the price of Cartrack
securities.

Negotiations are at an advanced stage and the independent sub-committee of the Cartrack board of
directors continues to consider the ongoing discussions, under the guidance of its independent
advisors.

Shareholders should accordingly continue to exercise caution when dealing in their Cartrack securities
until a further announcement in this regard is made.

Johannesburg
3 December 2020

Sponsor:
The Standard Bank of South Africa Limited

Date: 03-12-2020 02:23:00
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