Total Produce Plc Implementation of Share Exchange and Dole Merger (0391H)

TIDMTOT

RNS Number : 0391H

Total Produce Plc

30 July 2021

This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014.

30 July 2021

TOTAL PRODUCE PLC

(the "Company")

Implementation of Share Exchange and Dole Merger

The board of Total Produce plc announces that the mandatory share exchange arrangement was implemented on 29 July 2021. As a result of the implementation, Dole plc acquired the entire issued share capital of the Company in exchange for the issue of new shares in Dole plc to the Total Produce Shareholders.

Those shareholders who held Total Produce Shares through the Euroclear System or as CREST Depositary Interests should contact their stockbroker or other intermediary for details on their new shareholding in Dole plc. Those shareholders who held certificated shares in the Company will be sent a statement of their new shareholding in Dole plc by Computershare Trust Company, N.A., Dole plc's transfer agent. Any shareholder who does not receive a statement by 12 August 2021 can contact Computershare Trust Company, N.A. at +1 781-575-2478.

Shareholders should note that Dole plc has also announced that, immediately following implementation of the mandatory share exchange arrangement, the previously announced merger between a subsidiary of Dole plc and DFC Holdings, LLC, the parent company of Dole Food Company, Inc., was completed. As a result of the merger and related transactions, affiliates of Castle & Cooke, Inc. received new shares in Dole plc and Dole Food Company, Inc. became an indirect, wholly owned subsidiary of Dole plc.

The listings of Total Produce Shares on Euronext Growth and AIM will be cancelled with effect from 7.30 am Tuesday 3 August 2021.

Notice

This Announcement and any statements made in connection with this Announcement shall neither constitute an offer to sell nor the solicitation of an offer to buy any securities, or the solicitation of any proxy, vote, consent or approval in any jurisdiction in connection with the proposed business combination, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdictions. This communication is not intended for distribution to, or use by any person in, any jurisdiction where such distribution or use would be contrary to local law or regulation.

For further information, please contact:

Brian Bell, Wilson Hartnell PR

   brian.bell@ogilvy.com         + 353-1-669 0030

Blake Sonnenshein, Brunswick Group

   bsonnenshein@brunswickgroup.com      +1 212 333 3810

Elizabeth Volpe, Brunswick Group

   evolpe@brunswickgroup.com             + 1 212 333 3810

Ivan Murphy, Davy Corporate Finance

   ivan.murphy@davy.ie   +353-1-679 6363

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July 30, 2021 02:00 ET (06:00 GMT)

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