Nampak Limited: Voluntary Announcement: Disposal of Nampak I and Cs Business

Shareholders are referred to the announcement released on SENS on 4 November 2024 regarding the disposal of Nampak’s business of industrial inkjet printing, laser marking and case coding solutions (“Nampak I&CS”) for a disposal consideration of R142.5 million, (the “Disposal”).
Nampak is pleased to advise shareholders that regulatory approval has been received from the Competition Commission and the anticipated payment and implementation date of the Disposal is 28 February 2025. All the material conditions precedent to the transactions have now been achieved.
This is another step forward in deleveraging the group’s financial position and the refocusing of the group’s effort on the core Metals group.
For the full document click the link below:
Nampak Limited
Stay ahead of the curve! Subscribe to InsidEntity for daily updates on all your favourite companies.