Market announcements

June 21, 2015

Freedom Foods Group Announcement

NZX Market Release

 

Please find attached the following announcement, which was released by Freedom Foods Group to the ASX on 22 June, 2015.

Freedom Foods Group Limited The a2 Milk Company

Freedom Foods Group Limited (“Freedom Foods”) notes the announcement by The a2 Milk Company (“A2M”) that it has received an expression of interest in relation to an acquisition of all of the shares in A2M.

Freedom Foods advises that a consortium comprising Freedom Foods and an unnamed leading international liquid dairy milk Company has provided an indicative, non-binding and conditional expression of interest to A2M with a view to undertaking due diligence to enable the consortium to determine whether to enter into a binding proposal. This process is ongoing and there is no certainty that an offer will be forthcoming.

Freedom Foods is a significant shareholder in A2M, with a long history and strong commercial ties to the Company, including through its largest shareholder, the Perich Group.

Freedom Foods will keep the market informed of any material developments in compliance with its continuous disclosure obligations.


For further information, please contact:

Miche Paterson Newgate Communications +61 400 353 762

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a2 Milk® is a trademark of The a2 Milk Company Limited

*A1 and A2 proteins refer to A1 and A2 beta-casein protein types