11 Jun

Shareholders Announcement: Clarification of Prospectus and OTC Platform for Caban Investments Ltd

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With the formation of Caban Capital PLC we will no longer raise money for Caban Investments Ltd and have thus closed the share registry. Funds will be advanced through Caban Capital Plc in the form of a soft shareholders loan to develop Caban Investments Ltd further. The result of that is capital available for expansion without the dilution of the share. Therefore a prospectus for Caban Investments Ltd is not necessary. We have previously stated that  a prospectus will be issued 8 months after September 2013 which would have been May 2014. 

 

Furthermore, Caban Investments PLC has made a lucrative offer to swap Caban Investment shares for Caban Capital Plc shares. Please follow the link to read more on this - http://www.caban.co.za/caban/news/item/94-offer-to-caban-investments-limited-shareholders. With Caban Capital Plc listing on AIM of the London Stock Exchange, Caban Investment Ltd shareholders will be able to trade with the majority of their holding, thereby negating the need for a specific OTC platform. 

 

The listing of Caban Investments Ltd remains scheduled for 2017. 

 

Please contact our offices if further clarification is required on +2721 683 2425 / This email address is being protected from spambots. You need JavaScript enabled to view it.

Read 2791 times Last modified on Wednesday, 11 June 2014 17:11
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