BRT BRN 201712110004A
Cautionary announcement
Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
Registration number 1995/010442/06
(“Brimstone” or “the Company”)
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN
CAUTIONARY ANNOUNCEMENT
Shareholders are advised that Brimstone’s 54.9% held subsidiary, Sea Harvest Group Limited (“Sea
Harvest”), has entered into negotiations relating to:
- the acquisition by a consortium of broad-based black economic empowerment investors led by Sea
Harvest of the entire fishing business of Viking Fishing Holdings Proprietary Limited ("Viking Fishing"),
by way of the purchase of various assets and businesses from, and shareholdings in, Viking Fishing
and certain subsidiaries, affiliates and joint venture partners of Viking Fishing; and
- the acquisition by Sea Harvest of 51% of the issued share capital of Viking Aquaculture Proprietary
Limited;
collectively “the Proposed Transaction” which, if successfully concluded, may have a material effect on
the price of Brimstone ordinary and “N” ordinary shares.
The Proposed Transaction is subject to the fulfilment of a number of conditions precedent which have been
detailed in a cautionary announcement released by Sea Harvest on SENS today.
Accordingly, Brimstone shareholders are advised to exercise caution when dealing in the Company’s
securities until a further announcement is made in this regard.
Cape Town
11 December 2017
Sponsor
Nedbank Corporate and Investment Banking
Date: 11/12/2017 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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