SOVEREIGN FOOD INVESTMENTS LIMITED - High court judgment and adjourned meeting

High court judgment and adjourned meeting

SOVEREIGN FOOD INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
Registration Number 1995/003990/06
JSE Code: SOV
ISIN Number: ZAE000009221
(“Sovereign” or the “Company”)


HIGH COURT JUDGMENT AND ADJOURNED MEETING

Unless otherwise indicated, capitalised words and terms contained in this announcement shall bear the
same meanings ascribed thereto in the circular to Sovereign shareholders dated 24 February 2016 and
the SENS announcements published by Sovereign on 29 March 2016 and 8 April 2016.

Shareholders are advised that the High Court handed down its judgment today in respect of the Urgent
Application brought by the Country Bird Group (the “Judgment”).

In terms of the Judgment, the High Court inter alia held that:
  - the Scheme failed and Appraisal Rights have accordingly lapsed; and
  - the New Resolutions may not be proposed or voted on at the Adjourned Meeting.

In the circumstances, Shareholders are hereby notified that the New Resolutions will not be proposed
or voted on at the Adjourned Meeting to be held at 10h00 on 29 April 2016 at the Sun International
Boardwalk Hotel, Beach Road, Summerstrand, Port Elizabeth.

The Board will consider the Company's position and will make an announcement to Shareholders in
due course.

Port Elizabeth
26 April 2016

Corporate Advisor and Sponsor
One Capital

Attorneys to Sovereign
Cliffe Dekker Hofmeyr Inc.

Date: 26/04/2016 05:39:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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