| Tue 22 Sep 2009, 9:30 | | TBS - Press Release: Tiger Brands To Place 10 326 758 Shares Of Adcock Ingram |
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TBS
TIIH
TBS - Press Release: Tiger Brands To Place 10,326,758 Shares Of Adcock Ingram
Holdings Limited
TIGER BRANDS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080
("Tiger Brands")
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION INTO OR IN THE UNITED STATES,
CANADA, AUSTRALIA OR JAPAN.
THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM AN OFFER OF SECURITIES IN THE
UNITED STATES OR ANY OTHER JURISDICTION.
PRESS RELEASE: TIGER BRANDS TO PLACE 10,326,758 SHARES OF ADCOCK INGRAM HOLDINGS
LIMITED
Tiger Brands is launching an accelerated bookbuild placing of 10,326,758
ordinary shares of Adcock Ingram Holdings Limited, a company listed on the JSE
Limited, to global and South African institutional investors. Deutsche
Securities will act as sole global bookrunner for the placing.
The book for the placing will open with immediate effect. Pricing and
allocations are expected to be announced as soon as practicable following the
closing of the book. The proceeds and the placing price will be decided at the
close of the accelerated bookbuilding period following agreement between Tiger
Brands and Deutsche Securities (Proprietary) Limited ("Deutsche Securities") . A
further announcement will be made at that time. The timing of the closing of the
book, pricing and allocations may be amended at the absolute discretion of Tiger
Brands and Deutsche Securities.
For further information please contact:
Tiger Brands: Clive Vaux +27 11 840 4443
Deutsche Securities: Muneer Ismail +27 11 775 7230
This announcement is not for publication or distribution or release in the
United States of America (including its territories and possessions, any state
of the United States and the District of Columbia). This announcement does not
constitute or form part of an offer or solicitation of an offer to purchase or
subscribe for securities in the United States or any other jurisdiction. The
securities referred to herein have not been and will not be registered under the
United States Securities Act of 1933, as amended (the "Securities Act"), and may
not be offered or sold, directly or indirectly, in the United States, absent
registration or an exemption from, or transaction not subject to, the
registration requirements of the Securities Act. No public offering of
securities is being made in the United States. This announcement does not and is
not intended to constitute an offer to the public in South Africa in terms of
Chapter VI of the South African Companies Act, 1973 (as amended).
Neither this announcement nor any copy of it may be taken, transmitted or
distributed, directly or indirectly in or into the United States, Canada,
Australia or Japan,
Johannesburg
22 September 2009
Sponsor
JP Morgan Equities Limited
Investment Advisor and sole bookrunner
Deutsche Securities
Date: 22/09/2009 09:30:01 Produced by the JSE SENS Department.
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