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BVT - The Bidvest Group Limited - Cautionary announcement

Release Date: 06/07/2011 12:00
Code(s): BVT
Wrap Text

BVT - The Bidvest Group Limited - Cautionary announcement The Bidvest Group Limited (Incorporated in the Republic of South Africa) (Registration number 1946/021180/06) Share code: BVT ISIN ZAE000117321 ("Bidvest") Cautionary announcement Shareholders are advised that Bidvest has recently received various unsolicited proposals relating to its Foodservice Business. Bidvest believes that the Foodservice Business is an attractive business with strong growth prospects. However, in light of the proposals received, the Board of Bidvest has appointed a sub-committee to undertake a strategic review of the Foodservice Business and to explore whether any of the proposals would optimise value for Bidvest shareholders. Bidvest shareholders are advised to exercise caution in dealing in their Bidvest shares until a further announcement is made. By order of the Board The Bidvest Group Limited July 06th 2011 Sponsor: Investec Bank Limited Date: 06/07/2011 12:00:01 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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