ATM
01/09/2015 12:03
GENERAL
PRICE SENSITIVE
REL: 1203 HRS The a2 Milk Company Limited
GENERAL: ATM: Update on Expression of Interest
1 September 2015
NZX/ASX Market Release
Update on Expression of Interest
The a2 Milk Company (the Company) advised on 22 June 2015 that it had
received an Expression of Interest in respect of the acquisition of all the
shares in the Company from two associated trade parties, subsequently
confirmed as Freedom Foods Group Limited of Australia ("Freedom") and Dean
Foods Company ("Dean") of the United States.
The Board notes recent statements by Freedom to the effect that "The company
and Dean Foods have ceased detailed discussions in relation to a2," and by
Dean to similar effect. As noted in the Company's preliminary results
announcement on 20 August 2015, the Company has received no further
communication from Freedom or Dean since it advised that it did not consider
the Expression of Interest to be compelling. Although there has been no
formal withdrawal of the Expression of Interest, the Board continues to
consider that no takeover offer is imminent.
Persons considering purchasing or selling shares in the Company are
encouraged to seek their own advice.
For further information contact:
The a2 Milk Company Limited
Geoffrey Babidge
Managing Director and CEO
+61 2 9697 7000
About The a2 Milk Company
o The a2 Milk Company is building a global business based on a
differentiated, premium and branded portfolio of dairy and infant formula
products supported by an integrated portfolio of intellectual property and a
comprehensive body of scientific evidence
o The a2 Milk Company believes as many people as possible should be able to
enjoy the benefits of fresh and natural dairy and are providing a positive
alternative to those who find consumption of regular cows' milk challenging
o The a2 Milk Company has a significant and differentiated premium dairy
business in Australia with over 9% value share of the total fresh milk
grocery market and more recently has established operations in China, the UK
and the USA
o The a2 Milk Company Limited is dual listed on the NZX and ASX and trades
under the codes ATM and A2M respectively
About the a2 Milk(TM) brand
o The a2 Milk(TM) brand is a naturally occurring cows' milk that comes from
cows selected to produce only the A2 beta-casein protein and not the A1
protein. It is an entirely natural and pure cows' milk and not a product of
technological process or genetic engineering
o Originally all domesticated cows produced only the A2 type protein. Owing
to a genetic mutation in European herds, another milk protein emerged (A1
protein) and through modern farming practices spread throughout the world
o The a2 Milk(TM) brand is the only cows' milk that is free from the A1
protein
End CA:00269432 For:ATM Type:GENERAL Time:2015-09-01 12:03:22
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