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PBT
PBT
PBT - PBT Group Limited - Acquisition of Cyberpro Consulting (PTY) Limited
("CYBERPRO") and withdrawal of cautionary announcement
PBT Group Limited
Incorporated in the Republic of South Africa
Registration number: 1936/008278/06
Share Code: PBT ISIN: ZAE000149712
("PBT" or "the Company")
ACQUISITION OF CYBERPRO CONSULTING (PTY) LIMITED ("CYBERPRO") AND WITHDRAWAL OF
CAUTIONARY ANNOUNCEMENT
1 ACQUISITION OF CYBERPRO
Further to the cautionary announcement published on 16 February 2012 and
the renewal thereof on 5 April 2012, shareholders are advised that the
Company has entered into an agreement to acquire 51% of the issued share
capital of Cyberpro ("the acquisition"). As an extension to the current
services offering, the acquisition of Cyberpro, a Microsoft solutions
company, is another logical step towards specialised focussed professional
services.
In terms of the JSE Listings Requirements, the acquisition is below the
classification of a category 2 transaction.
2 WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders are no longer required to exercise caution when dealing in
their PBT shares and accordingly, the cautionary announcement released by
PBT on 5 April 2012 is hereby withdrawn.
Cape Town
18 May 2012
Sponsor: Bridge Capital Advisors (Pty) Limited
Date: 18/05/2012 14:15:02 Produced by the JSE SENS Department.
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