Bidvest concludes sale of the Dartline Cross Chann
BDEO BVT
BVT
Bidvest concludes sale of the Dartline Cross Channel Ferry business in the UK
The Bidvest Group Limited
Incorporated in the Republic of South Africa
Registration number 1946/021180/06
Share code: BVT
ISIN: ZAE000050449
("Bidvest")
BIDVEST CONCLUDES SALE OF THE DARTLINE CROSS CHANNEL FERRY BUSINESS IN THE
UNITED KINGDOM
Bidvest announces that it has concluded a transaction for the sale of its cross
channel ferry business in the United Kingdom, including the terminal at
Dartford, Kent for an amount of GBP58,9 million (fifty eight million nine
hundred thousand pounds sterling). The transaction is effective from January 1
2006.
Further details of this transaction will be provided on the release of the
Group"s results for the six months ended December 31 2005, due to be released on
or about Monday February 27 2006.
By order of the board
January 25 2006
Lead sponsor and investment bank:
Investec Bank Limited
Joint sponsor:
Deutsche Securities (Pty) Limited
Date: 25/01/2006 02:39:09 PM Produced by the JSE SENS Department
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
