Pinnacle - Disposal of Infrasol (Pty) Ltd.
Following the SENS announcement of 17 April 2015 by the board of directors of Pinnacle (“the Board”), that it had entered into an agreement with Datacentrix (Pty) Ltd., a wholly-owned subsidiary of Datacentrix Holdings Ltd., to dispose of 100% of the issued share capital of Pinnacle’s wholly-owned subsidiary, Infrasol (Pty) Ltd. (“Infrasol”), including Infrasol’s subsidiary, Merqu Communications (Pty) Ltd. as one indivisible transaction, the Board is pleased to now advise shareholders that all conditions precedent have been met and the transaction is now unconditional.
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