GBI 201902040043A
Voluntary Update Announcement
GOLD BRANDS INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2015/168426/06)
Share code: GBI ISIN: ZAE000212791
("Gold Brands" or "the Company")
VOLUNTARY UPDATE ANNOUNCEMENT
The board of directors of Gold Brands wishes to advise shareholders that Gold Brands intends on
restructuring the Company by outsourcing production and logistic activities entirely with the view of
simplifying the business activities in order to reduce costs and focus on new brand development activities.
Johannesburg
4 February 2019
Designated Adviser
Merchantec Capital
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