RNS Number : 2446X
Edita Food Industries S.A.E.
03 January 2022


Edita Food Industries - Announcement of Rescinding the Non-binding Letter of Intent entered into by and between Egyptian Belgian Company for Industrial Investments S.A.E. and Edita Food Industries S.A.E.

3 January 2022




With reference to the previous disclosure sent on 21 November 2021 made by Edita Food Industries S.A.E. 2021(" Referred herein after as Edita Company,") related to the signing of the Non-binding Letter of Intent that it entered into with the Egyptian Belgian Company for Industrial Investments S.A.E, which is the manufacturer of the brand "Ole", a manufacturer of croissant, cakes. (" Referred herein after as the Egyptian Belgian Company ") regarding the acquisition by Edita or any of its designated affiliates or subsidiaries to assets owned by the Egyptian Belgian Company; and Edita Company wishes to announce that no satisfactory agreement has been reached, and therefore negotiations on such transaction have been suspended.






Ms. Menna Shams El Din

Investor Relations and Business Development Senior Director

T: +202 3851 6464 | M: +20 100 1542428 |  menna.shamseldin@edita.com.eg





This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.