Bidding Process for the Suape Bonded Warehouse

RNS Number : 7185O

Ocean Wilsons Holdings Ld

24 September 2013

 

Ocean Wilsons Holdings Limited

Our principal operating subsidiary, Wilson Sons Limited announced to the Brazilian and Luxembourg Stock Exchanges the following announcement.

Wilson Sons Limited ("Wilson Sons" or the "Company") (BM&FBovespa: WSON33) announces that, further to the announcement released on March 11, 2013, the bidding process for the new bonded warehouse in the region near the Port of Suape (PE) (published in the official pronouncement SRRF04) was ratified and adjudication was made that Wilson Sons Logística Ltda, a subsidiary of the Company has permission to provide public services of handling and storage of merchandise in a bonded warehouse as published on September 20, 2013, in the Official Gazette. The contract for operation, valid for twenty five (25) years, is subject to signature with the Inland Revenue Office of Brazil, at a date to be defined.

Participation in the public bid is part of Wilson Sons Logistics' strategy of focusing on differentiated assets with clear competitive advantages, such as bonded warehouses and logistics centers

Enquiries

Company Contact

Keith Middleton                                                            1 441 295 1309

Media

David Haggie                                                               020 7562 4444

Haggie Partners LLP

Cantor Fitzgerald Europe                                          020 7894 7000

Rick Thompson - Corporate Finance

David Banks - Corporate Broking

 

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