SEA HARVEST GROUP LIMITED - Renewal of cautionary announcement
BUSINESS LIVE / 25 JANUARY 2018 - 13.00 / STAFF REPORTER
SHG Renewal of cautionary announcement SEA HARVEST GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2008/001066/06) Share code: SHG ISIN: ZAE000240198 ("Sea Harvest" or ?the Company?)
RENEWAL OF CAUTIONARY ANNOUNCEMENT RELATING TO A POTENTIAL ACQUISITION BY THE COMPANY Shareholders are referred to the cautionary announcement published on 11 December 2017 regarding the proposed acquisition by a consortium of broad-based black economic empowerment investors led by the Company, of the entire fishing business of Viking Fishing Holdings Proprietary Limited (?Viking Fishing?) as well as the acquisition by the Company of 51% of the issued share capital of Viking Aquaculture Proprietary Limited (?Viking Aquaculture?), collectively the (?Proposed Transaction?).
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Further to the 11 December 2017 announcement, it is advised that progress is being made in regard to the Proposed Transaction and an announcement providing further details will be made as soon as practicably possible. Accordingly, until such announcement, shareholders are advised to continue to exercise caution when dealing in Sea Harvest securities. Cape Town 25 January 2018 Transaction Sponsor PricewaterhouseCoopers Corporate Finance Proprietary Limited Legal Advisors Webber Wentzel Sponsor The Standard Bank of South Africa Limited Advisors to Viking Fishing and Viking Aquaculture Investec Bank Limited Date: 25/01/2018 07:05:00 Produced by the JSE SENS Department.
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LINK : https://www.businesslive.co.za/story/?resource_id=SENSIN_20180124230500_2
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