Nampak Southern Africa Holdings is still in negotiations with TSL Limited over the sale of Nampak Zimbabwe following the former’s acceptance of a binding offer.
Nampak Southern Africa wants to dispose of a 51,43 percent shareholding in Nampak Zimbabwe for US$25 million.
“Shareholders and the investing public are urged to continue to exercise caution when dealing in the company’s securities until a full announcement is made…,” Nampak Zimbabwe said in a statement.