Tiger Brands Limited: Notification In Terms Of Section 122(3) Of The Companies Act And Paragraph 3.83(B) Of The JSE Listings Requirements - InsidEntity
In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that Tiger Brands has received formal notification that Silchester International Investors LLP (“Silchester”) has disposed of a beneficial interest in the ordinary shares of the Company, such that the total interest in the ordinary shares of the Company held by Silchester now amounts to 14.93% of the total issued ordinary shares of the Company.
As required in terms of Section 122 of the Companies Act, the required notice has been filed with the Takeover Regulation Panel.
The Board of Directors of Tiger Brands Limited accepts responsibility for the information contained in the announcement, having received the forms TRP121.1 from Silchester, and to the best of their respective knowledge believe the information contained in the announcement is accordingly true and does not omit anything likely to affect the importance of the information contained in this announcement.