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NIVEUS INVESTMENTS LIMITED - Disposal Of Operational Assets Of KWV

Release Date: 14/10/2016 11:45
Code(s): NIV     PDF:  
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Disposal Of Operational Assets Of KWV

NIVEUS INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1996/005744/06)
Share code: NIV
ISIN: ZAE000169553
(“Niveus” or “the Company”)

DISPOSAL OF OPERATIONAL ASSETS OF KWV

Shareholders are referred to the announcement of the disposal of KWV’s operational assets dated 11
May 2016 and the update on disposal on 24 August 2016.

Shareholders are hereby advised that the R575 million cash portion of the R1,15 billion disposal
consideration as well as the fully executed bank guaranteed promissory notes have been received
from the purchasers. The effective date of the transaction is 1 October 2016.

Cape Town
14 October 2016

Sponsor: PSG Capital Proprietary Limited

Date: 14/10/2016 11:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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