NPK - Nampak Limited - Disposal of the Nampak cartons and healthcare businesses
NPK
NPK
NPK - Nampak Limited - Disposal of the Nampak cartons and healthcare businesses
in Europe
Nampak Limited
(Incorporated in the Republic of South Africa)
Registration number: 1968/008070/06)
ISIN: ZAE000071676
Share code: NPK
("Nampak")
DISPOSAL OF THE NAMPAK CARTONS AND HEALTHCARE BUSINESSES IN EUROPE
Shareholders are referred to the withdrawal of the cautionary announcement
published on 13 December 2010 in which shareholders were advised that an
agreement had been concluded in terms of which Nampak agreed to dispose of the
entire shareholding of Nampak Paper Holdings Limited ("Europe Paper") to
Platinum Equity Partners LLC via its wholly owned subsidiary Maximus Holding II
S.a.r.l. subject to the European Commission taking a decision under Article
6(1)(b) of Regulation (EC) 139/2004 declaring the transaction compatible with
the Common Market.
That condition has been met and the sale transaction has accordingly become
unconditional. Handover of the businesses is set to take place on 28 February
2011.
Sandton
4 February 2011
Sponsor: UBS (South Africa) (Pty) Limited
Date: 04/02/2011 16:37:01 Produced by the JSE SENS Department.
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