BVT - The Bidvest Group Limited - Fulfilment of condition precedent
BVT
BVT
BVT - The Bidvest Group Limited - Fulfilment of condition precedent
THE BIDVEST GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1946/021180/06)
Share code: BVT ISIN: ZAE000117321
("Bidvest")
FULFILMENT OF CONDITION PRECEDENT
Bidvest shareholders are referred to the announcement dated August 3 2009
("the August 3 Announcement") regarding the acquisition ("the Acquisition") by
Bidvest of 100% of the issued share capital of Nowaco Czech Republic s.r.o
("Nowaco"), and 100% of the issued share capital of Farutex Sp.zo.o ("Farutex").
Bidvest is pleased to advise that the condition precedent referred to in
the August 3 Announcement, being European Union competition clearance, was
fulfilled on September 25 2009. Accordingly, the Acquisition is unconditional
and closure has been effected from today, Wednesday, October 7 2009.
By order of the Board
Johannesburg
October 7 2009
Sponsor
Investec Bank Limited
Date: 07/10/2009 14:53:05 Produced by the JSE SENS Department.
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