TBS
TIIH
TBS - Tiger Brands Limited - Competition Commission announcement - Oceana
Fishing Group Limited
TIGER BRANDS LIMITED
"Tiger Brands", or "the Company"
(Incorporated in the Republic of South Africa)
(Registration number 1944/017881/06)
Share code: TBS
ISIN: ZAE000071080
COMPETITION COMMISSION ANNOUNCEMENT - OCEANA FISHING GROUP LIMITED
We refer to the announcement issued today by the Competition Commission
regarding a settlement reached between the Competition Commission and Oceana
Group Limited. Reference is made in that announcement to the shareholders`
agreement between Tiger Brands and Brimstone Investments Corporation Limited
in respect of Sea Harvest Corporation Limited ("Sea Harvest") that was
signed in 2000 and which is no longer in place, as Tiger Brands sold its
shareholding in Sea Harvest in 2009.
Having taken legal advice, Tiger Brands is of the view that the shareholders
agreement did not contravene any provision of the Competition Act.
Tiger Brands has informed the Commission that, as it consistently has done
in the past, it will constructively engage and co-operate with the
Commission with a view to bringing this matter to a conclusion.
Bryanston
Date: 9 May 2012
Sponsor
J.P. Morgan Equities Limited
Date: 09/05/2012 15:15:03 Produced by the JSE SENS Department.
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