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PREMIER FISHING AND BRANDS LIMITED - Withdrawal Of Cautionary Announcements

Release Date: 14/12/2021 11:50
Code(s): PFB     PDF:  
Wrap Text
Withdrawal Of Cautionary Announcements

PREMIER FISHING AND BRANDS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1998/018598/06
Share code: PFB and ISIN: ZAE000247516
(“PFB” or "the Company")


WITHDRAWAL OF CAUTIONARY ANNOUNCEMENTS

1. DISPOSAL OF SUBSIDIARY
Shareholders are referred to the cautionary announcement released on
SENS on 11 March 2021, and the various renewals of such cautionary
announcement the most recent of which was released on SENS on 6
December 2021, wherein the Company advised that it has entered into
negotiations to dispose of a subsidiary.

The Company hereby advises that the abovementioned negotiations have
been terminated and hence the cautionary announcement relating to the
subsidiary disposal is hereby withdrawn.


2. BEE TRANSACTION

Shareholders are further referred to the cautionary announcement
released on 1 October 2020, and the various renewals of such cautionary
announcement the most recent of which was released on SENS on 6
December 2021 regarding the proposed Broad-Based Black Economic
Empowerment transaction to be implemented at Premier Fishing SA
Proprietary Limited (“PFSA”) (“BEE Transaction”).

The Company hereby advises that negotiations regarding the BEE
Transaction have been terminated due to complexities regarding the
implementation of such transaction and hence the cautionary
announcement relating to the BEE Transaction is hereby withdrawn.

Shareholders are hereby advised that as both of the current cautionary
announcements have been withdrawn, caution is no longer required to
be exercised when dealing in the Company’s securities.


Cape Town
14 December 2021

Sponsor
Vunani Sponsors (Pty) Ltd

Date: 14-12-2021 11:50:00
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