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Johannesburg - Further to the joint cautionary announcement dated March 7 2014, the shareholders of Sun International and Grand Parade Investments (GPI) are advised that negotiations are still in progress regarding the possible acquisition by Sun International of a material interest in GPI Slots.
GPI Slots is a wholly-owned subsidiary of GPI, which owns and operates limited payout machine operations.
Should agreement be reached on the terms of the proposed GPI Slots acquisition, there may be an impact on the price at which Sun International and GPI shares trade on the securities exchange operated by the JSE.
Shareholders of Sun International and GPI are accordingly advised to continue exercising caution when dealing in their Sun International and GPI shares until a further announcement is made.
GPI Slots is a wholly-owned subsidiary of GPI, which owns and operates limited payout machine operations.
Should agreement be reached on the terms of the proposed GPI Slots acquisition, there may be an impact on the price at which Sun International and GPI shares trade on the securities exchange operated by the JSE.
Shareholders of Sun International and GPI are accordingly advised to continue exercising caution when dealing in their Sun International and GPI shares until a further announcement is made.
