PIONEER FOOD GROUP LIMITED - Proposed Unbundling by Pioneer Foods of its Interest in Quantum Foods Holdings

Proposed Unbundling by Pioneer Foods of its Interest in Quantum Foods Holdings

Pioneer Food Group Limited
Incorporated in the Republic of South Africa
Registration number: 1996/017676/06
Share code: PFG
ISIN code: ZAE000118279
(“Pioneer Foods” or “the Company” or “the Group”)

ANNOUNCEMENT RELATING TO THE PROPOSED UNBUNDLING BY PIONEER
FOODS OF ITS INTEREST IN QUANTUM FOODS HOLDINGS TO ITS
SHAREHOLDERS

Shareholders are referred to the SENS announcement of 
5 September 2013, wherein shareholders were advised of the
intention of Pioneer Foods to unbundle its interest in Quantum
Foods Holdings Limited (“Quantum Foods”) to its shareholders
(“Unbundling”) and to list Quantum Foods as a separate entity
on the JSE (“Listing”).

Shareholders are advised that the board of directors of
Pioneer Foods has resolved to proceed with the Unbundling and
the Listing and that the anticipated date of the Listing will
be 6 October 2014.

A detailed declaration announcement containing all the salient
dates of the Unbundling and the Listing will be released on
SENS in due course.

A high level presentation on Quantum Foods is available under
the “Investors” section on the Pioneer Foods website at
www.pioneerfoods.co.za.

Paarl
5 September 2014

Transaction Adviser and Sponsor
PSG Capital Proprietary Limited

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