Further cautionary announcement – Glass Business
(Incorporated in the Republic of South Africa)
Registration Number: 1968/008070/06
Share Code: NPK
ISIN: ZAE 000071676
(“Nampak” or “the Company”)
FURTHER CAUTIONARY ANNOUNCEMENT – GLASS BUSINESS
Further to the cautionary announcement released by the Company on 28
February 2019, shareholders are advised that negotiations are still
in progress with the 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
The parties are still fully committed to the conclusion of this
transaction, however taking into account the complexities of a
transaction of this nature, the process is taking longer than
The transaction, if concluded, will be subject to competition
authority approval and dependent upon the ultimate control structure
of the purchaser and its shareholders, may constitute an intermediate
or large merger.
Accordingly, shareholders are advised to continue exercising caution
when dealing in the Company’s securities until a full announcement is
11 April 2019
Sponsor: UBS South Africa (Pty) Ltd
Date: 11/04/2019 03:30:00 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.
Email this JSE Sens Item to a Friend.