(Incorporated in the Republic of South Africa)
Registration Number: 1968/008070/06
Share Code: NPK
ISIN: ZAE 000071676
(“Nampak” or “the Company”)
Shareholders are advised that Nampak, since December 2018, has been in
exclusive negotiations with a preferred bidder in respect of the
potential disposal of the Nampak Glass business, which, if successfully
concluded, may have a material effect on the price of the Company’s
Following the decision of Nampak to dispose of the Glass business,
Nampak initiated a competitive disposal process, which has now resulted
in Nampak entering into an exclusivity arrangement with the preferred
The preferred bidder is a black South African owned company and is
supported by a large international corporation with significant glass
expertise. The process is on track with a view to concluding a sale and
purchase agreement by April 2019.
The transaction, if concluded, will be subject to conditions precedent
that is customary for a transaction of this nature.
Accordingly, shareholders are advised to exercise caution when dealing
in the Company’s securities until a full announcement is made.
28 February 2019
Sponsor: UBS South Africa (Pty) Ltd
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