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BRIMSTONE INVESTMENT CORPORATION LIMITED - Announcement regarding the proposed acquisition of shares in Oceana from Tiger Brands

Release Date: 01/03/2019 14:00
Code(s): BRT BRN     PDF:  
Wrap Text
Announcement regarding the proposed acquisition of shares in Oceana from Tiger Brands

Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
Share Code: BRT ISIN: ZAE000015277
Share Code: BRN ISIN: ZAE000015285
(“Brimstone” or the “Company”)

ANNOUNCEMENT REGARDING THE PROPOSED ACQUISITION OF SHARES IN OCEANA FROM TIGER
BRANDS

Further to the announcement released on SENS on 24 January 2019 regarding the proposed acquisition
by Brimstone of 8 000 000 Oceana Group Limited ordinary shares from Tiger Brands Limited (the
“Transaction”), Brimstone shareholders are advised that the conditions precedent in relation to the
Transaction have been duly fulfilled. The Transaction is expected to be completed on or before 20
March 2019.

A further announcement will be made once the Transaction has been completed.


1 March 2019
Cape Town

Investment bank, corporate advisor and sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Legal advisor
Cliffe Dekker Hofmeyr

Date: 01/03/2019 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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