Further Cautionary Announcement
PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE000170049
("PPC" or the "Company")
FURTHER CAUTIONARY ANNOUNCEMENT
Shareholders of PPC are referred to cautionary announcements published on the Stock
Exchange News Service (“SENS”) on 10 December 2014 and on 27 January 2015,
regarding the non-binding proposal from AfriSam Group (Pty) Ltd (“AfriSam”) to the
Board of Directors of PPC (the “Board”) proposing, inter alia, a merger between
AfriSam and the Company (the “indicative proposal”). Shareholders are hereby
advised that the Board is continuing to consider the indicative proposal and PPC
will make a further announcement in due course once it has concluded its
consideration process.
The indicative proposal, if implemented, may have a material impact on the price of
the Company’s shares. Accordingly, shareholders are advised to exercise caution
when dealing in securities of the Company until such time a further announcement is
made.
Sandton
10 March 2015
Financial Advisor and Sponsor to PPC
Merrill Lynch South Africa (Pty) Ltd
Legal Advisors to PPC
Bowman Gilfillan
PPC:
Azola Lowan
Tel: +27 (0) 11 386 9000
Azola.Lowan@ppc.co.za
Financial Communications Advisor to PPC:
Instinctif Partners
Morne Reinders
Mobile: +27 (82) 480 4541
Morne.reinders@instinctif.com
Louise Fortuin
Mobile: +27 (71) 605 4294
Louise.fortuin@instinctif.com
Financial Advisor to AfriSam
Rand Merchant Bank (a division of FirstRand Bank Limited)
Legal Advisors to AfriSam
Werksmans
Financial Communications Advisor to AfriSam:
Brunswick
Itumeleng Mahabane
Mobile: +27 (83) 284 6774
Imahabane@brunswick.co.za
Date: 10/03/2015 09:50:00 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.