To view the PDF file, sign up for a MySharenet subscription.

KAL GROUP LIMITED - Voluntary Announcement: Disposal of Tego Plastics

Release Date: 29/09/2025 12:30
Code(s): KAL     PDF:  
Wrap Text
Voluntary Announcement: Disposal of Tego Plastics

KAL GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2011/113185/06)
Share code: KAL
ISIN: ZAE 000244711
("the Group" or "the Company")

Voluntary Announcement: Disposal Of Tego Plastics

The Company is pleased to advise shareholders that it has entered into a Sale of Shares and
Claims Agreement, in terms of which the Company will dispose of all of the shares it holds in
its wholly owned subsidiary, Tego Plastics Proprietary Limited ("Tego") and Agrimark
Operations Limited, a wholly owned subsidiary of the Company, will dispose of all of the loan
claims it holds against Tego ("Disposal").

The Disposal forms part of the Company's strategy to streamline its operations and focus its
resources on other segments within the Group. Pursuant to the implementation of the
Disposal, the Company will continue to purchase agricultural packaging products from Tego
to ensure the ongoing delivery of quality products to its customers.

The Disposal is uncategorised in terms of the JSE Limited Listings Requirements and
therefore the information contained in this announcement is voluntarily disclosed by the
Company.

Paarl
29 September 2025

Transaction Advisor and Transaction Sponsor
Valeo Capital (Pty) Ltd

Legal Advisor
Andersen South Africa

Sponsor
PSG Capital

Date: 29-09-2025 12:30:00
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.