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NPK - Nampak Limited - Disposal of the Nampak cartons and healthcare businesses

Release Date: 04/02/2011 16:37
Code(s): NPK
Wrap Text

NPK - Nampak Limited - Disposal of the Nampak cartons and healthcare businesses in Europe Nampak Limited (Incorporated in the Republic of South Africa) Registration number: 1968/008070/06) ISIN: ZAE000071676 Share code: NPK ("Nampak") DISPOSAL OF THE NAMPAK CARTONS AND HEALTHCARE BUSINESSES IN EUROPE Shareholders are referred to the withdrawal of the cautionary announcement published on 13 December 2010 in which shareholders were advised that an agreement had been concluded in terms of which Nampak agreed to dispose of the entire shareholding of Nampak Paper Holdings Limited ("Europe Paper") to Platinum Equity Partners LLC via its wholly owned subsidiary Maximus Holding II S.a.r.l. subject to the European Commission taking a decision under Article 6(1)(b) of Regulation (EC) 139/2004 declaring the transaction compatible with the Common Market. That condition has been met and the sale transaction has accordingly become unconditional. Handover of the businesses is set to take place on 28 February 2011. Sandton 4 February 2011 Sponsor: UBS (South Africa) (Pty) Limited Date: 04/02/2011 16:37:01 Supplied by www.sharenet.co.za 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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