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ADCOCK INGRAM HOLDINGS LIMITED - Voluntary announcement Plush Professional Leather Care Proprietary Ltd acquisition

Release Date: 14/05/2020 17:01
Code(s): AIP     PDF:  
Wrap Text
Voluntary announcement – Plush Professional Leather Care Proprietary Ltd acquisition

ADCOCK INGRAM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/016236/06)
Share code: AIP ISIN ZAE000123436
("Adcock Ingram" or "the Company")

VOLUNTARY ANNOUNCEMENT – PLUSH PROFESSIONAL LEATHER CARE PROPRIETARY LTD
ACQUISITION

Shareholders are referred to the voluntary announcement released on the Stock Exchange News
Service on 18 March 2020 regarding the acquisition of Plush Professional Leather Care Proprietary
Limited ("Plush").

Adcock Ingram is pleased to announce that all conditions precedent, including regulatory approvals,
have been met on 13 May 2020 and the acquisition is now unconditional. The final closing of the
transaction will take place before the end of May 2020. Plush will operate as a separate company within
the Adcock Ingram group, reporting into and managed within the Consumer division.

Midrand
14 May 2020

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 14-05-2020 05:01:00
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