REG - Ocean Wilsons Hldgs - Response to media speculation

Ocean Wilsons HoldingsAnnouncement

12/06/2023 07:00

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RNS Number : 3278C  Ocean Wilsons Holdings Ltd  12 June 2023

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

Ocean Wilsons Holdings Limited

(the "Group" or the "Company")

 Response to media speculation

The Board notes recent Brazilian media speculation to the effect that the
Company is negotiating the sale of its 57% owned subsidiary, Wilson Sons S.A.
("Wilson Sons").

The Company confirms that it is undertaking a strategic review involving the
Company's investment in Wilson Sons. That review, which will consider all
potential strategic options, is currently at an early stage and there can be
no certainty as to its outcome.

The Company has not received any formal proposals from any third party with
regard to a potential transaction involving Wilson Sons.

A subsequent announcement will be made as required.

For further information, please contact:

 Ocean Wilsons Holdings Limited                Tel: +1 (441) 295 1309

 Leslie Rans

 Peel Hunt LLP - Financial adviser and broker  Tel: +44 (0) 20 7418 8900

 Charles Batten

 Ed Allsopp

 Ben Harrington

The person responsible for arranging the release of this announcement on
behalf of Ocean Wilsons is Leslie Rans.

 

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