18 Mar 2016 07:11
18 March 2016
Associated British Foods plc
Further announcement regarding Illovo Sugar Limited
Shareholders are referred to the announcement released today by Illovo Sugar Limited ("Illovo"), Associated British Foods plc ("ABF") 51.35% held subsidiary, whereby it confirms that discussions are continuing over ABF's non-binding expression of interest to Illovo, to potentially acquire all the remaining issued ordinary shares of Illovo that ABF does not already own.
Shareholders are reminded that at this stage there can be no certainty that the discussions will result in a transaction. A further announcement will be made in due course.
For further enquiries please contact:
Associated British FoodsJohn Bason, Finance DirectorFlic Howard-Allen, Head of External AffairsTel: 020 7399 6500UK & International media
Citigate Dewe RogersonChris Barrie, Eleni MenikouTel: +44 20 7638 9571
African media
Aprio
Julian Gwillim
Tel: +27 82 45 24 389
AB Foods (ABF)