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DISTELL GROUP LIMITED - Voluntary announcement: clarification of trade in Distell shares on 6 October 2017

Release Date: 15/11/2017 17:41
Code(s): DST     PDF:  
Wrap Text
Voluntary announcement: clarification of trade in Distell shares on 6 October 2017

Distell Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1988/005808/06
ISIN Code: ZAE000028668
Share code: DST
(“Distell” or “the Company”)


The Board of Directors of Distell wishes to clarify the
details of the trade in 58.7 million of the Company’s ordinary
shares on 6 October 2017.

These ordinary shares constitute a beneficial interest in the
ordinary share capital of the Company acquired by the Public
Investment Corporation SOC Ltd (“PIC”) from Other Beverages
Interests Proprietary Limited (“OBI”), owned by Anheuser-Busch
Inbev SA/NV on 12 April 2017. In this regard, shareholders are
referred to the Stock Exchange News Service announcement
released by Distell at 16h15 on 12 April 2017.

Distell fulfilled its reporting obligations to the market and
recorded the shares in its company register, at the time of
change in ownership.

Any further queries relating to the nature, timing and price
of the trade are to be directed to the relevant parties, being
the PIC and OBI.

15 November 2017

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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