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Joint firm intention announcement in respect of an offer by Bidco to acquire all or a portion of the issued ordinary shares in Petmin, excluding treasury shares, proposed delisting and withdrawal of cautionary announcement

Monday, 19 December 2016

1. Introduction

Shareholders of Petmin (“Shareholders”) are advised that on 15 December 2016, Petmin entered into an implementation agreement (“Implementation Agreement”) with Capitalworks Private Equity SP GP Proprietary Limited (“Capitalworks”), acting in its capacity as the general partner of the Special Purpose Acquisition Partnership I and a special purpose vehicle, CorpVent 100 Limited (“Bidco”), in terms of which Bidco will make two separate but concurrent offers to acquire all or a portion of the issued ordinary shares in Petmin (“Petmin Shares”), excluding the Petmin Shares held by Petmin’s subsidiaries (“Offer Shares”), (collectively, the “Offer”).

Download Joint firm intention announcement

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