NPK - Nampak - Further announcement to shareholders regarding the proposal by
NPK
NPK
NPK - Nampak - Further announcement to shareholders regarding the proposal by
The Bidvest Group Limited to acquire 25% of Nampak and cautionary announcement
Nampak Limited
(Incorporated in the Republic of South Africa)
Registration number: 1968/008070/06)
ISIN: ZAE000071676
Share code: NPK
("Nampak")
FURTHER ANNOUNCEMENT TO SHAREHOLDERS REGARDING THE PROPOSAL BY THE BIDVEST GROUP
LIMITED ("BIDVEST") TO ACQUIRE 25% OF NAMPAK AND CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement issued on 4 September 2008, shareholders
are advised that the board of directors of Nampak ("the Board") met on 9
September 2008 to discuss the announcement released by Bidvest on 4 September
2008 ("Bidvest Announcement").
In terms of the Bidvest Announcement, Bidvest advised of its intention to make a
pro rata offer to all Nampak shareholders to acquire up to 25% of the ordinary
shares held by each Nampak shareholder ("the Pro Rata Offer").
Bidvest indicated that the Pro Rata Offer would be made by no later than 17:00
on 17 September 2008. The Board will respond to the Pro Rata Offer once
formally made by Bidvest to the shareholders of Nampak.
Shareholders are therefore advised to continue to exercise caution when dealing
in Nampak securities until a further announcement is made.
Sandton
10 September 2008
Sponsor: UBS (South Africa) (Pty) Limited
Date: 10/09/2008 13:37:06 Produced by the JSE SENS Department.
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