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SEA HARVEST GROUP LIMITED - Voluntary announcement in relation to the acquisition of a new trawler

Release Date: 11/08/2017 08:53
Code(s): SHG     PDF:  
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Voluntary announcement in relation to the acquisition of a new trawler

Sea Harvest Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2008/001066/06)
Share code: SHG         ISIN: ZAE000240198
(“Sea Harvest”)

Voluntary announcement in relation to the acquisition of a new trawler

Sea Harvest is pleased to announce the acquisition of a new freezer trawler from listed Icelandic Fishing
Company, HB Grandi, for a consideration of $13.5m. The M.V Therney was built in the Sterkoder yard
in Norway. There are currently 3 “sterkoder” class vessels in South Africa, two owned by Irvin & Johnson
and one acquired by Sea Harvest in 2014.

Cape Town
11 August 2017

Sponsor
The Standard Bank of South Africa Limited

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