Ocean Wilsons Holdings Limited
(“Ocean Wilsons” or the “Company”)
Response to media speculation
The Company notes recent Brazilian media speculation regarding the potential sale of its 57% owned subsidiary, Wilson Sons S.A. (“Wilson Sons“).
The Company confirms that it is in discussions with I Squared Capital Advisers (US) LLC (“I Squared“) to explore the terms of a potential transaction for the acquisition by I Squared and/or its affiliates of the Company’s interest in Wilson Sons.
There can be no certainty that a transaction will be entered into, nor as to the terms of any such transaction.
A subsequent announcement will be made as required.
For further information, please contact:
| Ocean Wilsons Holdings Limited Leslie Rans | Tel: +1 (441) 295 1309 |
| Peel Hunt LLP – Financial adviser and broker Charles Batten Ed Allsopp Tom Graham |