TECON Salvador update

RNS Number : 2963C

Ocean Wilsons Holdings Ld

12 April 2017

 

Ocean Wilsons Holdings Limited

TECON Salvador

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

Wilson Sons Limited (BM&FBovespa: WSON33) announces to its shareholders that it has become aware that the Federal Government of Brazil (União), Nacional Waterways Transport Agency (Antaq) and Bahia Port Company (CODEBA) are being officially notified by a Regional Federal Court of the decision requesting suspension of the works for expansion of Tecon Salvador.

Wilson Sons Limited and its subsidiary Tecon Salvador S.A. are not included in the action and have not been indicted but the company will take all the necessary measures to ensure expansion of the terminal. 

Enquiries

Company Contact

Keith Middleton                                                           [phone]

Media

David Haggie

Haggie Partners LLP                                                  [phone]

Cantor Fitzgerald Europe

David Foreman, Will Goode (Corporate Finance)           [phone]

 

END

 

 

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