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Bidvest and CIH announcement relating to the Adcock Offer
The Bidvest Group Limited Community Investment Holdings Proprietary
Incorporated in the Republic of South Africa Limited
(Registration number 1946/021180/06) Incorporated in the Republic of South Africa
Share Code: BVT ISIN: ZAE000117321 (Registration number 1995/007296/07)
(“Bidvest”) (“CIH”)
Bidvest and CIH announcement relating to the Adcock Offer
Shareholders are referred to the announcements by Bidvest dated December 2 2013 in which a
consortium comprising Bidvest and CIH (“the Consortium”) made a cash offer to acquire up to 34.5%
of the issued ordinary shares of Adcock Ingram Holdings Limited (“Adcock”) (excluding treasury
shares) for a cash consideration of R70.00 per Adcock ordinary share (“the Adcock Offer”) and the
announcement dated January 16 2014 in which shareholders were informed that the Adcock Offer
will close at the close of business 17:00 on Tuesday, February 4 2014.
Shareholders are advised that the Consortium has to date acquired approximately 32.03% of the total
issued ordinary shares in Adcock (excluding treasury shares).
Johannesburg
January 31 2014
Sponsor
Investec Bank Limited
Financial advisor to the Consortium
Investec Bank Limited
Legal advisor to the Consortium
Edward Nathan Sonnenbergs
Media advisor to the Consortium
Aprio Strategic Communications
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