Sacoven PLC Renewal and additional cautionary announcements (3889R)
08 March 2016 - 9:57PM
UK Regulatory
TIDMSCN TIDMSCN
RNS Number : 3889R
Sacoven PLC
08 March 2016
Sacoven Plc
(Incorporated in Jersey under the Companies (Jersey) Law
1991)
(Company number 110296)
AIM Share code: SCN
JSE Share code: SCV
ISN: JE00B7YH8W36
(the "Company")
Renewal of cautionary announcement and additional cautionary
announcement
Sacoven Shareholders ("Shareholders") are referred to the
cautionary announcements dated 15 October 2015 and 23 November 2015
("Cautionary Announcements"), whereby Shareholders were advised
that the Company is in discussions with respect to the potential
acquisition of a Fast Moving Consumer Goods business located in
Africa, where such acquisition will only be capable of
implementation during the first half of 2016. Shareholders are
advised that the negotiations referred to in the Cautionary
Announcements are on-going and, as such, Shareholders are advised
to continue to exercise caution until a full announcement is
made.
Shareholders are further advised that the Company also has
entered into negotiations in respect of a different transaction
which, if successfully concluded, may have a material effect on the
price of the Company's securities. Accordingly, Shareholders are
advised to exercise caution when dealing in the Company's
securities until a further announcement is made in this regard.
08 March 2016
JSE Sponsor
KPMG Services Proprietary Limited
AIM Nomad and Broker
Liberum Capital Limited
Clayton Bush / Christopher Britton
Tel: +44 (0) 20 3100 2000
For further information please visit the Company's website
www.sacoven.com
Niall McCallum +44 (0) 1534 823000
This information is provided by RNS
The company news service from the London Stock Exchange
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