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SOVEREIGN FOOD INVESTMENTS LIMITED - Acquisition of Tydstrooms Hartebeespoort Abattoir becomes unconditional

Release Date: 07/10/2015 16:30
Code(s): SOV     PDF:  
Wrap Text
SOVEREIGN FOOD INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
Registration Number 1995/003990/06
JSE Code: SOV
ISIN Number: ZAE000009221
('Sovereign')


ACQUISITION OF TYDSTROOM'S HARTEBEESPOORT ABATTOIR BECOMES UNCONDITIONAL
Sovereign shareholders ('Shareholders') are referred to the SENS announcement dated 11 May 2015 ('Announcement'), wherein Shareholders were advised that Crown Chickens (Proprietary) Limited, a wholly owned subsidiary of Sovereign, entered into an exclusive agreement to acquire the Tydstroom Abattoir, located in Hartebeespoort, Gauteng, as a going concern from Quantum Foods (Proprietary) Limited, a wholly owned subsidiary of Quantum Foods Holdings Limited (the 'Transaction').
Further to the Announcement, Shareholders are hereby advised that all of the conditions precedent to the Transaction have been fulfilled and accordingly the Transaction is now unconditional. Port Elizabeth 7 October 2015 Sponsor One Capital
Date: 07/10/2015 04:30:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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