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FAMOUS BRANDS LIMITED - Announcement regarding the acquisition by Famous Brands of GBK Restaurants Limited

Release Date: 13/09/2016 15:15
Code(s): FBR     PDF:  
Wrap Text
Announcement regarding the acquisition by Famous Brands of GBK Restaurants Limited

Famous Brands Limited
(Registration number 1969/004875/06)
JSE share code: FBR
ISIN: ZAE000053328
(“Famous Brands” or “Company”)


ANNOUNCEMENT REGARDING THE ACQUISITION BY FAMOUS BRANDS OF
GBK RESTAURANTS LIMITED

Shareholders are referred to the announcement dated 1 September 2016 relating to
the acquisition by Famous Brands of the entire issued share capital of GBK
Restaurants Limited (“the Acquisition").

The Company has received approval from the Financial Surveillance Department of
the South African Reserve Bank for the Acquisition. Shareholders are accordingly
advised that the Acquisition is now unconditional and the effective date is 7 October
2016.

Midrand
13 September 2016


Financial Adviser, Sole Underwriter and Transaction Sponsor
The Standard Bank of South Africa Limited




                                                                                   

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