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ASPEN PHARMACARE HOLDINGS LIMITED - Renewal of Cautionary Announcement API Business

Release Date: 03/12/2021 08:00
Code(s): APN     PDF:  
Wrap Text
Renewal of Cautionary Announcement – API Business

(Incorporated in the Republic of South Africa) (“Aspen Holdings”)
Registration number: 1985/002935/06
Share code: APN
ISIN: ZAE000066692
and its subsidiaries (collectively “Aspen” or “the Group”)


Shareholders are referred to the cautionary announcement released by Aspen on 9 September 2021, and
its subsequent renewal of 21 October 2021, in which shareholders were advised that Aspen had received
two unsolicited offers for its active pharmaceutical ingredient business (“API Business”)(1). This
announcement also confirmed that Aspen had decided to embark on a structured process to facilitate
offers for all or parts of its API Business from those parties that submitted the unsolicited offers and other
selected interested parties.

Shareholders are advised that this structured process remains ongoing and may have a material effect on
the price of Aspen’s securities if successfully concluded and accordingly shareholders are advised to
continue exercising caution when dealing in Aspen’s securities.

(1) Comprising the Chemicals and Biochem segments of Aspen’s Manufacturing operations, situated in the Netherlands,
     South Africa and the United States.

03 December 2021

Investec Bank Limited

Date: 03-12-2021 08:00:00
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