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QUANTUM FOODS HOLDINGS LIMITED - Avian Influenza Update

Release Date: 02/10/2017 13:00
Code(s): QFH     PDF:  
Wrap Text
Avian Influenza Update

QUANTUM FOODS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2013/208598/06
Share Code: QFH
ISIN Number: ZAE000193686
("Quantum Foods" or “the Company”)

AVIAN INFLUENZA UPDATE

Quantum Foods shareholders are referred to the SENS
announcement released on 20 September 2017 confirming that an
outbreak of highly pathogenic Avian Influenza (“AI”) had been
confirmed at two commercial layer farms in the Western Cape.
Shareholders were informed that as a preventative measure,
management decided to depopulate two entire sites and not only
the specific houses at which the AI was detected.

Despite this preventative action taken and substantial
measures implemented to contain the further spread of the AI
at our operations, AI was confirmed on 27 September and 30
September 2017 respectively, in some poultry houses on the
remaining two sites of the Lemoenkloof commercial layer farm
in the Western Cape. These two sites have been quarantined and
will be depopulated in totality in an attempt to prevent the
further spread of the disease.

The two sites represent 8% of the national egg supply of the
Group, resulting in a total of 17% of the Group’s national egg
supply now being affected by the AI.

The Company is progressing with the re-introduction of current
dormant assets in order to mitigate some of this lost egg
production capacity. Some of these facilities will already be
populated with layer hens before the end of October 2017.

Shareholders will be informed of any further significant
developments.

Wellington
2 October 2017

Sponsor
PSG Capital

Date: 02/10/2017 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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