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NUTRITIONAL HOLDINGS LIMITED - Renewal of cautionary announcement

Release Date: 31/01/2020 09:00
Code(s): NUT     PDF:  
Wrap Text
Renewal of cautionary announcement

Nutritional Holdings Limited
(Registration number: 2004/002282/06)
(Incorporated in the Republic of South Africa)
(Share Code: NUT ISIN Code: ZAE000156485)
(“Nutritional Holdings” or “the Company”)




Renewal of cautionary announcement



Shareholders were advised on 17 December 2019 that Nutritional Holdings had entered into a
Memorandum of Understanding with The Wellness Trust 29 to acquire a 100% shareholding in
Ukusekela Holdings (Pty) Ltd (“Ukusekela”) for a total consideration of R140 million payable by a
combination of cash and the issue of Nutritional Holdings shares at 4.5 cents per share (“the
Transaction”).

Negotiations regarding the Transaction are still ongoing and shareholders are advised to continue
exercising caution when dealing in the Company’s securities until a full announcement is made.


Johannesburg
31 January 2020


Designated Adviser
Exchange Sponsors

Date: 31-01-2020 09:00:00
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