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OCEANA GROUP LIMITED - Announcement Relating To The Acquisition By Brimstone Investment Corporation Limited (Brimstone) Of Oceana Shares

Release Date: 28/06/2019 10:00
Code(s): OCE     PDF:  
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Announcement Relating To The Acquisition By Brimstone Investment Corporation Limited (“Brimstone”) Of Oceana Shares

(Incorporated in the Republic of South Africa)
(Registration number: 1939/001730/06)
JSE share code: OCE
NSX share code: OCG
ISIN: ZAE000025284


Shareholders of Oceana (“Shareholders”) are referred to the announcement released by Brimstone on
26 June 2019 (“Brimstone Announcement”) relating to the acquisition by Brimstone of an additional
8 000 000 Oceana ordinary shares (“Oceana Shares”) from Tiger Brands Limited (“Tiger Brands”).

As set out in the Brimstone Announcement, Newshelf 1064 RF Proprietary Limited (“Newshelf 1064”), a
wholly owned subsidiary of Brimstone, has entered into a conditional but binding agreement to acquire a
further 1 500 000 Oceana Shares from Tiger Consumer Brands Limited , a wholly owned subsidiary of
Tiger Brands (the “Transaction”).

The Transaction represents approximately 1.11% of the total Oceana Shares currently in issue and
will increase Brimstone’s shareholding in Oceana from 22.88% to 23.99%.

28 June 2019
Cape Town

Sponsor - South Africa: The Standard Bank of South Africa Limited

Sponsor - Namibia: Old Mutual Investment Services (Namibia) Proprietary Limited

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