20 Jul - 2 min read

Cautionary Announcement

Cautionary Announcement

Imperial Logistics Limited
(Incorporated in the Republic of South Africa)
Registration number 1946/021048/06
ISIN: ZAE000067211
JSE share code: IPL
(“Imperial”)

CAUTIONARY ANNOUNCEMENT

Imperial advises shareholders that discussions are taking place regarding
the potential acquisition of a privately owned group of companies known as
the J&J Group. The J&J Group’s core business is cross border trucking,
supported by integrated end-to-end transport logistics solutions from initial
vessel   logistics to warehousing, short haul in-country transport and
specialised transport in 5 key countries in Africa, namely Mozambique,
Zimbabwe, Zambia, South Africa, Malawi and the DRC.

At this stage, no material terms have been agreed and there can be no
certainty that any transaction with the J&J Group will be concluded.
Shareholders are reminded that in accordance with the Transaction
Implementation Agreement entered into with DP World Logistics FZE (“DP
World”) on 7 July 2021, the entering into of an agreement to give effect to
the potential acquisition of the J&J Group will require the approval of DP
World.

Imperial shareholders are advised to exercise caution in dealing in their
Imperial securities until such time as a further announcement is made in
this regard.

Bedfordview
20 JULY 2021

Enquiries
Imperial Investor Relations
E-mail: esha.mansingh@imperiallogistics.com

Sponsor to Imperial
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Legal Adviser to Imperial
TWB – Tugendhaft Wapnick Banchetti & Partners

Date: 20-07-2021 03:15:00
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