Sacoven PLC Renewal of cautionary announcement (8247G)

TIDMSCN

RNS Number : 8247G

Sacoven PLC

25 November 2015

Sacoven Plc

(Incorporated in Jersey under the Companies (Jersey) Law 1991)

(Company number 110296)

AIM Share code: SCN

JSE Share code: SCV

ISN: JE00B7YH8W36

(the "Company")

Renewal of cautionary announcement

Further to the cautionary announcement released on 15 October 2015, Sacoven's shareholders ("Shareholders") are advised that the Company is still in discussions with respect to the potential acquisition of a Fast Moving Consumer Goods business located in Africa, where such acquisition will only be capable of implementation during the first half of 2016.

Accordingly, Shareholders are advised to continue to exercise caution when dealing in the Company's securities until a further announcement is made in this regard.

25 November 2015

JSE Sponsor

KPMG Services Proprietary Limited

AIM Nomad and Broker

Liberum Capital Limited

Clayton Bush & Christopher Britton

Tel: +44 (0) 20 3100 2000

For further information please visit the Company's website www.sacoven.com

Niall McCallum +44 (0) 1534 823000

This information is provided by RNS

The company news service from the London Stock Exchange

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