The J&J Group purchases 7 million Faritec shares

July 4, 2005

Faritec Holdings Ltd,...

a JSE listed IT services company, has reported that the J&J Group, a strategic investment and management company, purchased approximately 7 million Faritec shares worth R3.5 million on the open market. The transaction represents the purchase of over 5% of Faritec shares in issue.

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