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BRIMSTONE INVESTMENT CORPORATION LIMITED - Conclusion of acquisition of shares in Oceana from Tiger Brands

Release Date: 20/03/2019 15:02
Code(s): BRT BRN     PDF:  
Wrap Text
Conclusion of acquisition of shares in Oceana from Tiger Brands

Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
Share Code: BRT ISIN: ZAE000015277
Share Code: BRN ISIN: ZAE000015285
(“Brimstone”)

CONCLUSION OF ACQUISITION OF SHARES IN OCEANA FROM TIGER BRANDS

Further to the announcements released on the Stock Exchange News Service of the JSE Limited on 24
January 2019 and 1 March 2019 regarding the proposed acquisition by Brimstone of 8 000 000 Oceana
Group Limited ordinary shares from Tiger Brands Limited (the “Transaction”), Brimstone shareholders
are advised that the Transaction was successfully completed on 20 March 2019. The Transaction
increases Brimstone’s shareholding in Oceana from 16.98% to 22.88%.


20 March 2019
Cape Town

Investment bank, corporate advisor and sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Financial advisor and mandated lead arranger
The Standard Bank of South Africa Limited

Legal advisors
DLA Piper South Africa (Proprietary) Limited
Cliffe Dekker Hofmeyr

Date: 20/03/2019 03:02:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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