Try our mobile app

Renewal of Cautionary Announcement

Published: 2023-01-06 09:00:25 ET
<<<  go to JSE:CND company page
                                      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 22 November 2022, 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 is 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
6 January 2023

Sponsor
Merchantec Capital