AH-VEST LIMITED - Voluntary announcement -acquisition of winplas packaging by the holding company of ah-vest

Voluntary announcement -acquisition of winplas packaging by the holding company of ah-vest

AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
(“AH-Vest” or “the Company”)
Share code: AHL      ISIN code: ZAE000129177


VOLUNTARY ANNOUNCEMENT – ACQUISITION OF WINPLAS PACKAGING
PROPRIETARY LIMITED BY THE HOLDING COMPANY OF AH-VEST


AH-Vest, known as All Joy Foods, is pleased to announce that its controlling
shareholder, namely Eastern Trading Proprietary Limited, has acquired Winplas
Packaging Proprietary Limited (“Winplas”), a PET Bottle and jar manufacturing
company with factories located in Johannesburg and Cape Town for an
undisclosed amount.

The purchase of Winplas will add to the larger group’s “backward integrated”
model of producing the Company’s own cans and its own tomato paste.

All Joy Foods is the leading manufacturer of tomato sauce packed in plastic
bottles in South Africa. The business, through its parent company, will now have
increased capability to expand its range of long shelf life food and beverage
products to deliver on its credo of “Value makes friends and quality keeps them”.

Johannesburg
3 August 2015


Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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