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")
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
KPMG Services Proprietary Limited
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
Sacoven plc issued this content on 08 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 March 2016 15:09:03 UTC
Original Document: http://www.sacoven.com/files/reports/pdf_41.pdf
