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NUTRITIONAL HOLDINGS LIMITED - Proposed Capital Raising By The Company

Release Date: 08/02/2013 12:55
Code(s): NUT     PDF:  
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Proposed Capital Raising By The Company

Nutritional Holdings Limited
(Registration number 2004/002282/06)
(Incorporated in the Republic of South Africa)
Share Code: NUT   ISIN: ZAE000156485
(“Nutritional Holdings” or “the Company”)

PROPOSED CAPITAL RAISING BY THE COMPANY

Shareholders are advised that the Company intends to pursue a
capital raising exercise, the aim of which is to sufficiently
re-capitalise the Company to enable it to expand its business
operations and pursue a strategic long-term growth path.

It is anticipated that the capital raising exercise will either
be in the form of a rights offer or a claw back offer. The board
of directors of the Company is in the process of assessing which
of the two options would prove most beneficial to the Company.

Shareholders are advised that a further announcement regarding
the abovementioned capital raising exercise will be made in due
course wherein shareholders will be informed of the progress made
and the outcome of the board’s deliberations on the matter.


Durban
8 February 2013

Designated adviser: PSG Capital Proprietary Limited

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