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SEA HARVEST GROUP LIMITED - Renewal of cautionary announcement

Release Date: 08/03/2018 07:05
Code(s): SHG     PDF:  
Wrap Text
Renewal of cautionary announcement

SEA HARVEST GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2008/001066/06)
Share code: SHG ISIN: ZAE000240198
("Sea Harvest" or “the Company”)



FURTHER CAUTIONARY ANNOUNCEMENT RELATING TO A POTENTIAL ACQUISITION BY
THE COMPANY

Shareholders are referred to the cautionary announcement published on 11 December 2017 and
renewed on 25 January 2018 regarding the proposed acquisition by a consortium of broad-based black
economic empowerment investors led by the Company, of the entire fishing business of Viking Fishing
Holdings Proprietary Limited (“Viking Fishing”) as well as the acquisition by the Company of 51% of
the issued share capital of Viking Aquaculture Proprietary Limited (“Viking Aquaculture”), collectively
the (“Proposed Transaction”).

The Proposed Transaction is progressing and an announcement providing further details will be made
as soon as practicably possible. Accordingly, until such announcement, shareholders are advised to
continue to exercise caution when dealing in Sea Harvest securities.

Cape Town
8 March 2018

Transaction Sponsor
PricewaterhouseCoopers Corporate Finance Proprietary Limited

Legal Advisors
Webber Wentzel

Sponsor
The Standard Bank of South Africa Limited

Advisors to Viking Fishing and Viking Aquaculture
Investec Bank Limited

Date: 08/03/2018 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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