(Incorporated in the Republic of South Africa) (Registration number 2006/022679/06) Share code: BLU ISIN: ZAE000109088
("Blue Label" or the "Company")
ICASA FINDING ON THE CELL C RECAPITALISATIONBlue Label is pleased to announce that the Independent Communications Authority of South Africa ("ICASA") yesterday confirmed that Cell C Proprietary Limited ("Cell C") followed the correct process in the notification of its recapitalisation transaction and that it has complied with all applicable regulations.
Blue Label is pleased that a final decision has been made by ICASA.
The recapitalisation of Cell C has been hugely successful in that it promotes the interests of the economy, the telecommunications industry and the consumer.
By order of the boardSandton
30 November 2017
Financial Adviser and SponsorInvestec Bank Limited
Legal Adviser to Blue LabelWerksmans Inc
Blue Label Telecoms Ltd. published this content on 30 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 November 2017 10:26:06 UTC.
Original documenthttp://www.overend.co.za/download/icasacellc30112017.pdf
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