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Italtile renews cautionary statement

Johannesburg - Italtile [JSE:ITE] informed shareholders on Friday that a cautionary announcements released on Sens in February and in March regarding an offer to acquire shares in Ceramic is still subject to Italtile board approval and the signing of a binding formal agreement.

"Shareholders are to continue exercising caution when dealing in Italtile securities until a further announcement is made," the company said.

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