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PPC LIMITED - Further Cautionary Announcement

Release Date: 11/05/2017 08:00
Code(s): PPC     PDF:  
Wrap Text
Further Cautionary Announcement

 PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE000170049
("PPC" or the "Company")

                             FURTHER CAUTIONARY ANNOUNCEMENT

 Shareholders of PPC are referred to the cautionary announcements published on the
 Stock Exchange News Service (“SENS”) on 13 February and 27 March 2017, regarding
 the Heads of Terms entered into by AfriSam Group (Pty) Ltd and PPC (collectively
 the “Parties”), to assess the merits of a potential merger (“Proposed Merger”)
 between the Parties and to enter into formal discussions in this regard.


 Shareholders are advised that the assessment and the discussions regarding the
 Proposed Merger are still in progress and, if implemented, may have a material
 impact on the price of the Company’s shares. Accordingly, shareholders are advised
 to continue exercising caution when dealing in securities of the Company until such
 time a further announcement is made.

 Sandton
 11 May 2017

 PPC:
 Azola Lowan
 Tel: +27 (0) 11 386 9000
 Azola.Lowan@ppc.co.za

 Financial Advisor and Sponsor to PPC
 Merrill Lynch South Africa (Pty) Ltd

 Financial Advisor to PPC
 Identity Advisory (Pty) Ltd

 Legal Advisors to PPC
 Bowmans

 Financial Advisor to AfriSam
 Rand Merchant Bank (a division of FirstRand Bank Limited)

 Legal Advisors to AfriSam
 Webber Wentzel
 Nortons Inc

 Financial Communications Advisor:
 Instinctif Partners
 Louise Fortuin
 Mobile: +27 (0) 71 605 4294
 Louise.Fortuin@instinctif.com

Date: 11/05/2017 08:00:00 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.

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