Ocean Wilsons Holdings Ltd Response to media speculation (3278C)
12 June 2023 - 4:00PM
UK Regulatory
TIDMOCN
RNS Number : 3278C
Ocean Wilsons Holdings Ltd
12 June 2023
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Ocean Wilsons Holdings Limited
(the "Group" or the "Company")
Response to media speculation
The Board notes recent Brazilian media speculation to the effect
that the Company is negotiating the sale of its 57% owned
subsidiary, Wilson Sons S.A. ("Wilson Sons").
The Company confirms that it is undertaking a strategic review
involving the Company's investment in Wilson Sons. That review,
which will consider all potential strategic options, is currently
at an early stage and there can be no certainty as to its
outcome.
The Company has not received any formal proposals from any third
party with regard to a potential transaction involving Wilson
Sons.
A subsequent announcement will be made as required.
For further information, please contact:
Ocean Wilsons Holdings Limited Tel: +1 (441) 295 1309
Leslie Rans
Peel Hunt LLP - Financial adviser Tel: +44 (0) 20 7418 8900
and broker
Charles Batten
Ed Allsopp
Ben Harrington
The person responsible for arranging the release of this
announcement on behalf of Ocean Wilsons is Leslie Rans.
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END
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