Completion of CDC Investment

RNS Number : 1140K

Zambeef Products PLC

16 September 2016

 

                                                                                                                                                16 September 2016

Zambeef Products Plc

("Zambeef" or the "Company")

Completion of CDC Investment

Zambeef is pleased to announce that, further to the Company's announcement of 4 August 2016, all of the conditions precedent to CDC Group plc's ("CDC") US$65 million investment into Zambeef have now been satisfied, or a delay to satisfaction mutually agreed between the Company and CDC, and accordingly the transaction has completed.

For further information, please contact:
Zambeef Products plc	Tel: [phone]
Carl Irwin, Joint Chief Executive Officer
Francis Grogan, Joint Chief Executive Officer
Strand Hanson Limited (Financial & Nominated Adviser)	Tel: [phone]
James Spinney
Ritchie Balmer Frederick Twist
Finncap  (Broker)	Tel: [phone]
Joanna Scott
Raymond Greaves
Powerscourt (Financial PR)	Tel: [phone]
Nick Dibden
Sophie Moate
Nick Brown

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

-Ends-

 

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