Enhanced Investments - Financial Portal

Update On The Acquisition Of The Western Australia Based Fishing Businesses Of MG Kailis

Published: 2022-05-24 09:54:27 ET

Sea Harvest Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2008/001066/06)
Share code: SHG ISIN: ZAE000240198
(“Sea Harvest” or the “Company”)


UPDATE ON THE ACQUISITION OF THE WESTERN AUSTRALIA BASED FISHING BUSINESSES OF MG KAILIS
HOLDINGS PROPRIETARY LIMITED (“MG KAILIS”)


Shareholders are advised that, further to the announcement released on SENS on 11 January 2022 relating to
the acquisition of the Western Australia based fishing businesses of MG Kailis, all the conditions precedent as
set out in that announcement have now either been fulfilled or waived, as the case may be. Accordingly, the
transaction is now unconditional and was completed with an effective date of 23 May 2022.


Cape Town
24 May 2022


Financial Advisor and Sponsor to Sea Harvest Group
The Standard Bank of South Africa Limited


Legal Advisor to Sea Harvest Group in Australia
Thomson Geer


Legal Advisor to MG Kailis
Lavan




Legal/78803713_2

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.