Voluntary announcement: Rainbow - Highly Pathogenic Avian Influenza outbreak communication
RCL FOODS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/004972/06)
ISIN: ZAE000179438
Share Code: RCL
("RCL FOODS" or "the Group")
VOLUNTARY ANNOUNCEMENT: RAINBOW - HIGHLY PATHOGENIC AVIAN INFLUENZA
OUTBREAK COMMUNICATION
Shareholders are advised that the Company’s Rainbow business has
been impacted by the Highly Pathogenic Avian Influenza outbreak,
which is currently impacting the commercial poultry layer and
broiler industry. The outbreak has affected 11 of our 19 sites in
the Inland region, which is one of three regions in which this
business operates. The outbreak has moved at a rapid pace, and the
situation is constantly evolving. To date an estimated 410,000
birds have been culled, which has resulted in an estimated
financial impact of R115 million.
Rainbow is taking all necessary steps to contain the spread of the
virus, which includes working with the Department of Agriculture,
Land Reform and Rural Development to gain registration and approval
for suitable vaccines.
In addition, all things necessary are being done to efficiently
manage and mitigate supply chain disruptions, however it is
essential to acknowledge that there is tension in the supply chain.
Further updates will be provided as appropriate.
Durban
28 September 2023
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 28-09-2023 09:02:00
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