PIONEER FOOD GROUP LIMITED - Voluntary announcement - Pioneer Foods and FUTURELIFE joint venture approved by the Competition Tribunal

Voluntary announcement - Pioneer Foods and FUTURELIFE joint venture approved by the Competition Tribunal

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”)

Voluntary announcement - Pioneer Foods and FUTURELIFE joint
venture approved by the Competition Tribunal

Shareholders are referred to the SENS announcement dated 23
April 2015, whereby shareholders were advised that Pioneer
Foods entered into an agreement to acquire a 50% shareholding
in FUTURELIFE Health Products (Pty) Ltd (“FUTURELIFE
Transaction”).

Pioneer Foods is pleased to advise shareholders that the
Competition Tribunal of South Africa has approved the
FUTURELIFE Transaction, subject to 2 conditions that will have
no negative impact themselves on the commercial prospects of
the FUTURELIFE business and are acceptable to both parties.

Bellville
9 November 2015

Sponsor and corporate adviser
PSG Capital

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