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NUTRITIONAL HOLDINGS LIMITED - Joint Announcement Results of Mandatory Offer

Release Date: 09/03/2020 13:00
Code(s): NUT     PDF:  
Wrap Text
Joint Announcement – Results of Mandatory Offer

Nutritional Holdings Limited                       Empire Cannabis Holdings Limited
(Registration number: 2004/002282/06)              (Registration number: 2019/364151/06)
(Incorporated in the Republic of South Africa)     (Incorporated in the Republic of South Africa)
(Share Code: NUT ISIN Code: ZAE000156485)          (“Empire”)
(“Nutritional Holdings” or “the Company”)


Shareholders are referred to the joint announcement released on SENS on 25 November 2019 wherein
they were advised that Empire would make an offer to acquire all the remaining ordinary shares in
Nutritional Holdings not already held by Empire, for an offer consideration equal to 0.11 (zero point
one one) cents per Nutritional Holdings share. Nutritional Holdings shareholders could elect to accept
the Mandatory Offer in whole or part ("Mandatory Offer").

The Mandatory Offer closed on Friday, 6 March 2019.

77 334 075 Nutritional Holdings shareholders, constituting 0.56% of shareholders other than Empire
accepted the Mandatory Offer.

Following the finalisation of the Mandatory Offer, Empire holds 9 277 334 075 Nutritional Holdings
ordinary shares, representing 67.5% of Nutritional Holdings’ issued share capital.

The board of directors of the Company, individually and collectively accepts full responsibility for the
accuracy of the information contained in this announcement. In addition, the board of directors of
the Company certifies that to the best of its knowledge and belief, the information contained in this
announcement solely pertaining to the Company is true and, where appropriate, does not omit
anything that is likely to affect the importance of the information contained herein, and that all
reasonable enquiries to ascertain such information has been made.

9 March 2020

Designated Adviser to Nutritional Holdings
Exchange Sponsors

Date: 09-03-2020 01:00:00
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