Datacentrix has withdrawn its cautionary notice that chairman Gary Morolo said last month was being driven by shareholder action.
Datacentrix issued a cautionary in early December, saying only there were talks around the shareholding of the company. The notice was renewed on several occasions.
Today the company issued a statement saying the contents of the previous announcements "have ceased to have any relevance or effect on the company".
Morolo said last month the talks were being driven by shareholder action and Datacentrix itself was not party to the negotiations.
"It`s more a case of shareholder action," he said. "The company is a bystander in the issue, not really involved in the process.
"Shareholders approached the company to tell us something was happening out there and that perhaps we should issue a cautionary."
There was speculation that 40% shareholder Aka Capital was looking to reduce or sell its stake. While Morolo would not comment on that, he did say that Aka was an investor "like all other shareholders", and it would look to exit at some point.
Company spokesmen could not immediately be reached for comment.
The Datacentrix share was trading 5c or 1.64% down at 300c on the JSE at 12.35pm today.
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