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Update on Acquisition by Nampak of Alucan Investments and Alucan Packaging
NAMPAK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/008070/06)
ISIN : ZAE 000071676
Share code : NPK
("Nampak")
UPDATE ON ACQUISITION BY NAMPAK OF ALUCAN INVESTMENTS AND
ALUCAN PACKAGING
Nampak shareholders are referred to the SENS announcement
which was issued on 18 November 2013, in which
shareholders were advised that Nampak, through its wholly
owned subsidiary, Nampak Holdings (UK) Limited, had
entered into an agreement to acquire the entire issued
share capital of Alucan Investments Limited (“AIL”),
which is the beneficial owner of the entire issued share
capital of Alucan Packaging Limited (“APL”), subject to
the fulfilment of a number of conditions precedent (“the
Acquisition”).
Nampak is pleased to advise that all the conditions
precedent have been fulfilled and as a result Nampak
Holdings (UK) Limited acquired ownership of the entire
issued share capital of AIL and APL on 25 February 2014.
APL is a beverage can manufacturing facility located in
Agbara, Nigeria. The Company manufactures aluminium
beverage cans for the beer, malt and soft drink
industries in Nigeria, having commenced operations in
late March 2013.
Sandton
25 February 2014
Sponsor: UBS South Africa (Pty) Ltd
Date: 25/02/2014 04:33:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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