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PPC LIMITED - Cautionary Announcement

Release Date: 10/12/2014 13:15
Code(s): PPC     PDF:  
Wrap Text
Cautionary Announcement

PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE000170049
("PPC" or the "Company")

                            CAUTIONARY ANNOUNCEMENT

Shareholders of PPC are hereby advised that the Board of Directors of PPC
(“the Board”) has received a conditional, non-binding proposal from AfriSam
Group (Pty) Ltd (“AfriSam”) that proposes, inter alia, a merger between
AfriSam and the Company (“the indicative proposal”).
The Board is considering the indicative proposal and will make a further
announcement in due course once it has concluded its consideration of the
indicative proposal.
The indicative proposal, if implemented, may have a material impact on the
price of the Company’s shares. Accordingly, shareholders are advised to
exercise caution when dealing in securities of the Company until such time a
further announcement is made.

Sandton
10 December 2014


Financial Advisor and Sponsor to PPC
Merrill Lynch South Africa (Pty) Ltd

Legal Advisors to PPC
Bowman Gilfillan

PPC:
Kevin Odendaal
Tel: +27 (0) 11 386 9000
kevin.odendaal@ppc.co.za


Financial Communications Advisor:
Instinctif Partners
Morne Reinders
Mobile: +27 (82) 480 4541
Morne.reinders@instinctif.com

Louise Fortuin
Mobile: +27 (71) 605 4294
Louise.fortuin@instinctif.com


Financial Advisor to AfriSam
Rand Merchant Bank (a division of FirstRand Bank Limited)

Legal Advisors to AfriSam
Werksmans

Financial Communications Advisor:
Brunswick
Itumeleng Mahabane
Mobile: +27 (83) 284 6774
Imahabane@brunswick.co.za

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