BIOSCIENCE BRANDS LIMITED - Update on Liquidation Application and further cautionary announcement
BIO 201309180031A
Update on Liquidation Application and further cautionary announcement
BIOSCIENCE BRANDS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/005805/06)
(JSE code: BIO ISIN: ZAE000115036)
(BioScience or the Company)
UPDATE ON APPLICATION FOR LIQUIDATION AND FURTHER CAUTIONARY ANNOUNCEMENT
Update on application for liquidation
Shareholders are referred to the announcement released on SENS on 31 July, 6 August,
20 August and 9 September 2013 detailing, inter alia, the notice of motion by Dr AP
Ferreira to make application for the winding up of BioScience.
Shareholders and creditors are advised that based on discussions with legal advisors
and the status of negotiations with creditors, Bioscience did not file an opposing
affidavit in respect of Dr. Ferreiras application for liquidation. BioScience was
advised yesterday that the matter was set down in the North Gauteng High Court,
Pretoria on the unopposed roll on 8 November 2013.
Renewal of cautionary announcement
Shareholders are advised to continue exercising caution when dealing in the companys
shares until a further announcement is made.
18 September 2013
Johannesburg
Designated Adviser
Exchange Sponsors
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