HDC 201311220015A
Further announcement regarding the acquisition of the Dunford Group (ôDGö)
HUDACO INDUSTRIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1985/004617/06)
Share code: HDC & ISIN: ZAE000003273
(ôHudacoö or ôthe Companyö)
FURTHER ANNOUNCEMENT REGARDING THE ACQUISITION OF THE DUNFORD GROUP (ôDGö)
Shareholders are referred to the announcement released on SENS on 1 November 2013 (ôthe terms
announcementö) setting out details of the acquisition by Hudaco of DG (ôthe transactionö).
The terms announcement disclosed that Hudaco was transacting with a ôsmall related partyö as
defined by the JSE Listings Requirements and KPMG had been appointed as the independent expert.
Hudaco is now in a position to confirm that KPMG have reviewed the terms and conditions of the
transaction and are of the opinion that these terms and conditions are fair to Hudaco shareholders.
KPMG has expressed this opinion in writing and such opinion is available for inspection at the
CompanyÆs registered office for a period of 28 days from the date of this announcement.
Johannesburg
22 November 2013
Sponsor
Nedbank Capital
Date: 22/11/2013 09:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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