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Kiwara PLC (KIW)

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Friday 12 June, 2009

Kiwara PLC

Update re proposed equity inv

RNS Number : 8481T
Kiwara PLC
12 June 2009
 

Kiwara plc

Registration number: 01760458  

JSE: KWR  

AIM: KIW  

ISIN: GB0007702953  

('Kiwara' or the 'Company')


Update re proposed equity investments into Kiwara


Further to the announcement dated 29 April 2009, shareholders are advised that discussions are still in progress with International Finance Corporation regarding their disclosed intention to consider an equity investment of US$6 million in Kiwara, which if successfully concluded, may have a material effect on the price of the Company's securities, and, accordingly, shareholders are advised to continue exercising caution when dealing in the Company's securities until a further announcement is made.


12 June 2009

Johannesburg


Sponsor

SASFIN CAPITAL        

A DIVISION OF SASFIN BANK LIMITED


For further information, please contact:


Kiwara Plc                    Tel: +44 (0)207 581 4477

Colin Bird, Chairman


Peter Vivian-Neal, Chief Executive Officer                                       Tel: +260 (0) 211 293899


Sasfin, Johannesburg

Brian Christie, Corporate Finance                                                   Tel: +27 (0) 11 809 7511


FinnCap, London

Mathew Robinson, Corporate Finance                                            Tel: +44 (0) 20 7600 1658



This information is provided by RNS
The company news service from the London Stock Exchange
 
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