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June 24, 2013 - London

Each of Dyer Coriat Holding S.L. ("DCH") and Weilheim Investments S.L. ("Weilheim") has on 21 June 2013, entered into a conditional share purchase agreement (the "Agreement") with Golden Target Pacific Limited, a wholly owned subsidiary of Pacific Andes Resources Development, pursuant to which DCH and Weilheim will acquire 2,704,080 and 676,020 shares, respectively,  in Camposol Holding Plc ("Camposol") in a direct transaction with the seller, such shares representing in aggregate approximately 11.33% of all the issued shares of Camposol.  The price for each share is USD 3.10, equivalent to NOK 18.60 based on the exchange rate of USD1 = NOK 6.0008, which represents a premium of 4.51% over the closing price of the shares of Camposol on 21 June 2013.

The Agreement is conditional upon and subject to Grand Success Investment (Singapore) Private Limited, an indirect subsidiary of Pacific Andes Resources Development Limited, successfully launching and completing a voluntary offer for all the shares in Copeinca ASA, as further described in the announcement from China Fishery Group Limited on 24 June 2013.

Following and subject to completion of the acquisition of the shares under the Agreement, DCH, having notification duties as primary insider of Camposol, will be the owner of 11,275,080 shares in Camposol, representing 37.79 % of the issued shares of Camposol. Weilheim will following and subject to completion of the acquisition, be the owner of 2,108,079 shares in Camposol, representing 7.07 % of the issued shares of Camposol.

Subject to completion taking place DCH will be obliged to either launch a mandatory offer for all shares of Camposol or to reduce its total shareholding to below 30%. DCH will subject to completion revert with an announcement in this respect in due course.

For further information, please contact:

Executive Chairman, Samuel Dyer Coriat

CFO, Jorge Ramirez

Phone: +511 621-0800

CAMPOSOL is the leading agro industrial Company in Peru, involved in the cultivation, processing and commercialization of agricultural products such as asparagus, peppers, avocados, mangos, grapes and easy peelers. These are exported as fresh, preserved or frozen products mainly to markets in Europe and the United States of America. CAMPOSOL encompasses a totally integrated business from the production of raw material in the fields to processing in the industrial plant and subsequent commercialization in Europe and the United States. CAMPOSOL has 24,216 own hectares of which about 6,440 are already used for agricultural purposes, operates in 2 different locations in the Peruvian coast, and has one fully owned processing plant for fresh, preserved and frozen products. The Company has on average 10,000 part and full time employees.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Camposol Holding Plc. via Thomson Reuters ONE



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