Response to media speculation
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Ocean Wilsons Holdings Limited
("Ocean Wilsons" or the "Company")
Response to media speculation
The Company notes recent Brazilian media speculation regarding the potential sale of its 57% owned subsidiary, Wilson Sons S.A. ("Wilson Sons").
The Company confirms that it is in discussions with I Squared Capital Advisers (US) LLC ("I Squared") to explore the terms of a potential transaction for the acquisition by I Squared and/or its affiliates of the Company's interest in Wilson Sons.
There can be no certainty that a transaction will be entered into, nor as to the terms of any such transaction.
A subsequent announcement will be made as required.
For further information, please contact:
Ocean Wilsons Holdings Limited | Tel: +1 (441) 295 1309 |
Peel Hunt LLP - Financial adviser and broker | Tel: +44 (0) 20 7418 8900 |
The person responsible for arranging the release of this announcement on behalf of Ocean Wilsons is Leslie Rans, Chief Operating and Financial Officer.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.