NUTRITIONAL HOLDINGS LIMITED - Withdrawal of caution relating to the halt in supply on international agreements & renewal of caution - NUT Foods

Withdrawal of caution relating to the halt in supply on international agreements & renewal of caution - NUT Foods

NUTRITIONAL HOLDINGS LIMITED
(Registration number: 2004/002282/06)
(Incorporated in the Republic of South Africa)
(Share Code: NUT ISIN Code: ZAE000156485)
(“Nutritional Holdings” or “the Company”)


WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT RELATING TO THE HALT IN SUPPLY ON
INTERNATIONAL AGREEMENTS
AND
RENEWAL OF CAUTIONARY ANNOUNCEMENT RELATING TO THE DISPOSAL OF NUTRITIONAL
FOODS (PTY) LTD (“NUTRITIONAL FOODS”)


Withdrawal of cautionary announcement (Halt in Supply)
Shareholders are referred to the announcement published in SENS on 24 May 2021 in which
they were advised that the Company had been instructed by its customer to temporarily halt
supply on the international agreements, namely GIH Distributors and Grovenor Supplements
FZCO, based on concerns regarding the supply chain including packaging and supply
requirements and transit restrictions as a result of the increase in South Africa’s COVID-19
statistics which could result in the product needing to be chemically sanitised and
quarantined.

Nutritional Holdings is pleased to advise shareholders that the customer has advised the
Company that:

   -     all product at the port of destination has been cleared as having conformed to
         international standards;
   -     it has conducted its own investigations in respect of packaging standard
         CV73893/UN1017 and provided that the outer packaging of all future product
         boxing is wrapped in sterilised plastic in conformance with SANS 490:2013 and
         accompanied by a sanitation confirmation certificate, the product itself will not
         need to be chemically sanitised or quarantined; and
   -     that on the basis of the above it is to proceed with production in respect of the
         above agreements.

Shareholders are accordingly advised that the cautionary announcement is now withdrawn.

Renewal of cautionary announcement
Shareholders are reminded that the Company continues to trade under caution in relation to
the disposal of Nutritional Foods and that they should accordingly continue to exercise
caution when dealing in the Company’s securities until a further announcement regarding
the financial effects of the disposal of Nutritional Foods is made.

By order of the Board
Durban
26 May 2021
__________________________________________________________________________________
Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 26-05-2021 08:10:00
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