RHODES FOOD GROUP HOLDINGS LIMITED - Acquisition of business assets of Alibaba Foods Holdings Proprietary Limited (Alibaba): agreement unconditional

Acquisition of business assets of Alibaba Foods Holdings Proprietary Limited (“Alibaba”): agreement unconditional

 
RHODES FOOD GROUP HOLDINGS LIMITED
(Previously Rhodes Food Group Holdings Proprietary Limited)
(Incorporated in the Republic of South Africa)
Registration number 2012/074392/06
JSE share code: RFG
ISIN: ZAE000191979
(“the Company”)


ACQUISITION OF BUSINESS ASSETS OF ALIBABA FOODS HOLDINGS PROPRIETARY LIMITED
(“ALIBABA”): AGREEMENT UNCONDITIONAL


Shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE
Limited on 2 November 2015 regarding the acquisition by the Company’s wholly owned subsidiary, Rhodes
Food Group Proprietary Limited, of the business assets of Alibaba (the “Acquisition”), which was subject to
the fulfillment of certain conditions precedent (“Acquisition Announcement”).


Further to the Acquisition Announcement, the Company’s board of directors is pleased to advise that all
conditions precedent have been fulfilled and the Acquisition has become unconditional. The effective date of
the Acquisition is 1 February 2016.


Groot Drakenstein
7 December 2015


Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
 




 

Date: 07/12/2015 12:47:00 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.