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SAB
SOSAB
SABMiller - Outcome of tender offer to acquire remaining Bavaria S.A. shares
in Colombia
SABMiller plc
JSEALPHA CODE : SAB
ISSUER CODE : SOSAB
ISIN CODE : GB0004835483
18 October 2006
OUTCOME OF SABMILLER TENDER OFFER TO ACQUIRE REMAINING BAVARIA S.A. SHARES IN
COLOMBIA
SABMiller plc ("SABMiller"), one of the world"s leading brewers, announces
today the acquisition of an additional 516,304 shares in Bavaria S.A.
("Bavaria") in a tender offer which took place on the Colombian Stock
Exchange on 12 October 2006. These shares represent 0.21% of Bavaria and
increase SABMiller"s interest in Bavaria to 97.99%. At the offer price of
46,176 Colombian pesos per share, the total cash consideration paid was
approximately 23,841 million Colombian pesos or US$10.1 million, with
settlement effected today.
Ends
Notes to editors:
SABMiller
SABMiller plc is one of the world"s largest brewers with brewing interests or
distribution agreements in over 60 countries across five continents. The
group"s brands include premium international beers such as Miller Genuine
Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional
range of market leading local brands. Outside the USA, SABMiller plc is also
one of the largest bottlers of Coca-Cola products in the world.
In the year ended 31 March 2006, the group reported US$15,307 million in
revenues and profit before tax of US$2,453 million. SABMiller plc is listed
on the London and Johannesburg stock exchanges.
This announcement can be found on www.sabmiller.com
High resolution brand images are available for the media to view and download
free of charge from www.vismedia.co.uk.
Enquiries:
SABMiller plc Tel: +44 20 7659 0100
Sue Clark Director of Corporate Tel: +44 20 7659 0184
Affairs
Rachel Kentleton Senior Investor Relations Tel: +44 20 7659 0113
Manager
Nigel Fairbrass Head of Media Relations Tel: +44 7799 894265
This announcement does not constitute an offer to sell or issue or the
solicitation of an offer to buy or acquire securities of SABMiller plc (the
"Company") or any of its affiliates in any jurisdiction or an inducement to
enter into investment activity.
This document includes "forward-looking statements". These statements may
contain the words "anticipate", "believe", "intend", "estimate", "expect" and
words of similar meaning. All statements other than statements of historical
facts included in this announcement, including, without limitation, those
regarding the Company"s financial position, business strategy, plans and
objectives of management for future operations (including development plans
and objectives relating to the Company"s products and services) are forward-
looking statements. These forward-looking statements involve known and
unknown risks, uncertainties and other important factors that could cause the
actual results, performance or achievements of the Company to be materially
different from future results, performance or achievements expressed or
implied by such forward-looking statements. These forward-looking statements
are based on numerous assumptions regarding the Company"s present and future
business strategies and the environment in which the Company will operate in
the future. These forward-looking statements speak only as at the date of
this announcement. The Company expressly disclaims any obligation or
undertaking to disseminate any updates or revisions to any forward-looking
statements contained in this announcement to reflect any change in the
Company"s expectations with regard thereto or any change in events,
conditions or circumstances on which any such statement is based.
Any information contained in this announcement on the price at which the
Company"s securities have been bought or sold in the past, or on the yield on
such securities, should not be relied upon as a guide to future performance.
Date: 18/10/2006 04:00:09 PM Produced by the JSE SENS Department
