PIONEER FOOD GROUP LIMITED - Voluntary announcement - Pioneer Foods and FUTURELIFE joint venture approved by the Competition Tribunal
PFG 201511090054A
Voluntary announcement - Pioneer Foods and FUTURELIFE joint venture approved by the Competition Tribunal
Pioneer Food Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1996/017676/06)
(Share code: PFG)
(ISIN code: ZAE000118279)
(“Pioneer Foods” or “the Company”)
Voluntary announcement - Pioneer Foods and FUTURELIFE joint
venture approved by the Competition Tribunal
Shareholders are referred to the SENS announcement dated 23
April 2015, whereby shareholders were advised that Pioneer
Foods entered into an agreement to acquire a 50% shareholding
in FUTURELIFE Health Products (Pty) Ltd (“FUTURELIFE
Transaction”).
Pioneer Foods is pleased to advise shareholders that the
Competition Tribunal of South Africa has approved the
FUTURELIFE Transaction, subject to 2 conditions that will have
no negative impact themselves on the commercial prospects of
the FUTURELIFE business and are acceptable to both parties.
Bellville
9 November 2015
Sponsor and corporate adviser
PSG Capital
Date: 09/11/2015 03:35:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
