AIP - Adcock Ingram Holdings - Renewal of cautionary announcement
AIP
AIP
AIP - Adcock Ingram Holdings - Renewal of cautionary announcement
Adcock Ingram Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 2007/016236/06
Share code: AIP
ISIN: ZAE000123436
("Adcock Ingram" or "the Company")
Renewal of cautionary announcement
Initiation of the call option process by Baxter Healthcare SA ("Baxter") in
respect of Adcock Ingram Critical Care (Pty) Limited ("AICC")
Shareholders are referred to the cautionary announcement dated 8 February 2010
relating to the formal notification received by the Company from Baxter of its
intention to initiate the call option process as set out in the agreement
between, inter alia, Baxter, Adcock Ingram and AICC dated 17 July 2008.
Shareholders are advised that Baxter is currently conducting a due diligence
investigation in terms of the Option Agreement.
Shareholders are therefore advised to continue exercising caution when dealing
in Adcock Ingram securities until a further announcement is made.
Midrand
23 March 2010
Financial adviser and Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 23/03/2010 12:50:03 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
