MEIKLES Limited: Further Cautionary announcement

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MEIKLES Limited: Further Cautionary announcement

Further to the Cautionary Notice published in the press on 22 October 2010, the Company’s Board wishes to advise shareholders that Pick ‘n Pay Retailers (Proprietary) Limited (“Pick ‘n Pay”), the Company and its subsidiary TM Supermarkets (Private) Limited (“TM”) have entered into an agreement in terms of which Pick ‘n Pay will increase its shareholding in TM to 49%.

Shareholders are further advised that such agreement is subject to certain regulatory approvals.

Shareholders will be advised on the progress in obtaining such approval.


2016-12-10T18:13:39+00:00 November 5th, 2010|Corporate announcements|0 Comments

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