HUDACO INDUSTRIES LIMITED - Further announcement regarding the acquisition of the Dunford Group (DG)
HDC 201311220015A
Further announcement regarding the acquisition of the Dunford Group (“DG”)
HUDACO INDUSTRIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1985/004617/06)
Share code: HDC & ISIN: ZAE000003273
(“Hudaco” or “the Company”)
FURTHER ANNOUNCEMENT REGARDING THE ACQUISITION OF THE DUNFORD GROUP (“DG”)
Shareholders are referred to the announcement released on SENS on 1 November 2013 (“the terms
announcement”) setting out details of the acquisition by Hudaco of DG (“the transaction”).
The terms announcement disclosed that Hudaco was transacting with a “small related party” as
defined by the JSE Listings Requirements and KPMG had been appointed as the independent expert.
Hudaco is now in a position to confirm that KPMG have reviewed the terms and conditions of the
transaction and are of the opinion that these terms and conditions are fair to Hudaco shareholders.
KPMG has expressed this opinion in writing and such opinion is available for inspection at the
Company’s registered office for a period of 28 days from the date of this announcement.
Johannesburg
22 November 2013
Sponsor
Nedbank Capital
Date: 22/11/2013 09:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
