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TIGER BRANDS LIMITED - Class Action Update

Release Date: 25/06/2020 11:04
Code(s): TBS     PDF:  
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Class Action Update

TIGER BRANDS LIMITED
“Tiger Brands” or “the Company”
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080


Class Action Update: Gauteng Division of the High Court,
Johannesburg rules in favour of Tiger Brands compelling third
parties to provide information

As previously disclosed, Tiger Brands issued subpoenas in May
2019 requesting information relating to the testing for and
incidence of Listeria monocytogenes, relevant to the
Listeriosis Class Action, and in a subsequent application in
the Gauteng Division of the High Court, Johannesburg it sought
orders compelling certain of the third party recipients of the
subpoenas to provide the information when they refused to
provide the documents requested in the subpoenas. In turn,
some of the recipients of subpoenas sought to set the
subpoenas aside in the application. These proceedings were
concluded on 15 May 2020 when judgment was reserved.

The High Court handed down judgment in Tiger Brands’ favour on
23 June 2020, compelling the third parties to provide critical
epidemiological information required for the Class Action,
within one month of the date of service of the order. The
effect of the ruling is to provide access to information
relevant to the proceedings and enable the parties on both
sides of the Class Action to move matters forward. The third
parties may apply for leave to appeal against the order.

Tiger Brands welcomes the ruling and, in cooperation with its
legal representatives, is continuing with its efforts to
expedite the process.

Bryanston
25 June 2020

Sponsor
J.P. Morgan Equities South Africa Proprietary Limited

Date: 25-06-2020 11:04:00
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