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NUT
NUT
NUT - Nutritional Holdings Limited - Proposed dual listing of Nutritional
Holdings Limited on the AIM market of the London Stock Exchange ("the LSE")
NUTRITIONAL HOLDINGS LIMITED
(Previously Imuniti Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration Number: 2004/002282/06)
Share Code: NUT ISIN: ZAE000156485
("Nutritional Holdings" or the "Company")
Proposed Dual listing of Nutritional Holdings Limited on the AIM market of the
London Stock Exchange ("the LSE")
1 On 22 June 2011 Nutritional Holdings announced that it will be seeking an
admission of its shares to trade on the AIM Market of the LSE ("the
proposed AIM listing").
2 This announcement is intended to update all stakeholders on the progress of
the proposed AIM listing.
3 The Company believes it will benefit from the proposed AIM listing as it
will gain improved access to global investors and institutional support.
4 United Kingdom ("UK") and European institutional investors are strong
supporters of African focused companies.
5 The proposed AIM listing would allow existing UK and European shareholders
to trade more freely in the Company`s shares in a familiar currency.
6 In addition to the advantages for UK and European shareholders, the
proposed AIM listing also provides the Company with international exposure
in the press and the broader international marketplace.
7 On AIM this year up until July 2011 shares to the value of GBP24.5 billion
have traded at an average daily trade of GBP170.9 million, with an average
of 799.9 million shares changing hands each day.
8 Higher tradability would through arbitrage ensure better market pricing of
the Nutritional share price on both AIM and the JSE.
9 The Company has now submitted its application to the South African Reserve
Bank for approval of the intended process.
10 During July 2011, the Company visited potential advisors as well as the LSE
and received positive feedback.
11 The Company is in the process of appointing its advisory team in the UK and
would be making an announcement soon in this regard.
Durban
22 August 2011
Designated advisor: PSG Capital (Proprietary) Limited
Date: 22/08/2011 17:24:01 Produced by the JSE SENS Department.
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