AIP
AIP
AIP - Adcock Ingram Holdings Limited - Acquisition of nutrilida - fulfilment
of conditions precedent
Adcock Ingram Holdings Limited
(Registration number 2007/016236/06)
(Incorporated in the Republic of South Africa)
Share code: AIP
ISIN: ZAE000123436
("Adcock Ingram")
ACQUISITION OF NUTRILIDA - FULFILMENT OF CONDITIONS PRECEDENT
Shareholders are referred to the announcement released by Adcock Ingram on
29th March 2011 relating to the acquisition of the business of Nutrilida
Healthcare, ("NutriLida"), a vitamin, mineral and supplements ("VMS")
business based in Johannesburg, South Africa (the "Transaction").
The Transaction was subject to the fulfilment or waiver, where applicable,
of a number of conditions precedent which included the unconditional
approval by the South African competition authorities. Adcock Ingram is
pleased to announce that on 25th July 2011 the Competition Commission
approved the Transaction without conditions.
Shareholders are advised that all conditions precedent to the Transaction
have been met, or where appropriate, waived by Adcock Ingram. The effective
date of the Transaction will be 1st August 2011.
Midrand
28 July 2011
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 28/07/2011 08:40:03 Produced by the JSE SENS Department.
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