PFG - Pioneer Food Group Limited - Competition Com
PFG
PFG
PFG - Pioneer Food Group Limited - Competition Commission Investigation Update
PIONEER FOOD GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1996/017676/06)
JSE share code: PFG
ISIN: ZAE000118279
("Pioneer Foods")
COMPETITION COMMISSION INVESTIGATION UPDATE
Shareholders are referred to the disclosure made by Pioneer Foods in paragraph
35 of its & pre-listing statement, dated 15 April 2008, in regard to potential
complaint referrals by the Competition Commission of South Africa ("the
Competition Commission").
Pioneer Foods received a complaint referral on 6 May 2008 from the Competition
Commission in connection with the alleged operation of a bread cartel within
the Republic of South Africa and contravention of sections 4(1)(b)(i) and (ii)
of the Competition Act 89/1998 ("the referral").
Pioneer Foods and its advisors are studying the contents of the referral and
will respond to the Competition Commission in the next few weeks in terms of the
referral.
Further announcements will follow at the appropriate time.
Paarl
7 May 2008
Sponsor
Barnard Jacobs Mellet Corporate Finance (Proprietary) Limited
Date: 07/05/2008 15:55:01 Produced by the JSE SENS Department.
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