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BRANDCORP (PROPRIETARY) LIMITED - BCP1/ BCP2 - Proposed acquisition by The Bidvest Group Limited of Brandcorp Holdings (Pty) Ltd

Release Date: 07/12/2012 15:23
Code(s): BCP1 BCP2     PDF:  
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BCP1/ BCP2 - Proposed acquisition by The Bidvest Group Limited of Brandcorp Holdings (Pty) Ltd

BRANDCORP PROPRIETARY LIMITED
(Incorporated with limited liability in South Africa under registration number 2007/014063/07)
(“Brandcorp” or “the Issuer”)
Bond Code: BCP1
ISIN Code : ZAG000080789
Bond Code: BCP2
ISIN Code : ZAG000080797

PROPOSED ACQUISITION BY THE BIDVEST GROUP LIMITED (“BIDVEST”) OF BRANDCORP HOLDINGS
(PTY) LTD (“HOLDINGS”).

Brandcorp Noteholders are advised that, the shareholders of Brandcorp Holdings (the holding company of the
Issuer) have entered into an agreement with The Bidvest Group Limited (“Bidvest”) in terms of which Bidvest
will, subject to the fulfilment of certain conditions precedent by 30 June 2013, acquire the entire issued share
capital of Brandcorp Holdings, for an undisclosed amount.

The current management team will remain in place.

A further announcement regarding the fulfilment of the conditions precedent will be made as and when
appropriate.

7 December 2012

Debt Sponsor
Absa Corporate and Investment Banking, a Division of Absa Bank Limited

Date: 07/12/2012 03:23:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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