NUTRITIONAL HOLDINGS LIMITED - Cautionary Announcement - Halt in Supply

Cautionary Announcement - Halt in Supply

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”)


CAUTIONARY ANNOUNCEMENT – HALT IN SUPPLY


Shareholders are referred to the announcement made on 11 May 2021 providing an
update on contracts signed by the Company and are advised that Nutritional Holdings
has 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.

Tests are currently underway in respect of the following:

1.   The decontamination processes and its effect on the products;
2.   The survival rate of the virus whilst in transit;
3.   Post-delivery testing in respect of products fit for human consumption after
     decontamination.

It is unclear at this stage as to the time frame of the moratorium.

Shareholders are accordingly advised to exercise caution when dealing in the
Company’s securities until a further announcement in respect of the outcome of the
above tests is made.

The Company also remains under cautionary in relation to the disposal of Nutritional
Foods and the publication of the balance of the information required in terms of the JSE
Listings Requirements, as announced on 19 May 2021.

By order of the Board
Durban
24 May 2021

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 24-05-2021 11:55:00
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