BVT - The Bidvest Group Limited - Cautionary announcement
BVT
BVT
BVT - The Bidvest Group Limited - Cautionary announcement
The Bidvest Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1946/021180/06)
Share code: BVT ISIN ZAE000117321
("Bidvest")
Cautionary announcement
Shareholders are advised that Bidvest has recently received various unsolicited
proposals relating to its Foodservice Business.
Bidvest believes that the Foodservice Business is an attractive business with
strong growth prospects. However, in light of the proposals received, the Board
of Bidvest has appointed a sub-committee to undertake a strategic review of the
Foodservice Business and to explore whether any of the proposals would optimise
value for Bidvest shareholders.
Bidvest shareholders are advised to exercise caution in dealing in their Bidvest
shares until a further announcement is made.
By order of the Board
The Bidvest Group Limited
July 06th 2011
Sponsor: Investec Bank Limited
Date: 06/07/2011 12:00:01 Produced by the JSE SENS Department.
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