BFC 33.3% 0.2¢ beston global food company limited

Ann: FY20 Results & Outlook Presentation, page-12

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    22nd June announcement

    BESTON SUCCESSFULLY COMPLETES $10 MILLION PLACEMENT

    Subsequent to the successful completion of the institutional placement and the resolution of the
    Board to issue new shares pursuant to the placement, the Board of BFC has received a
    confidential, unsolicited expression of interest from a party to enter into discussions with the
    Company about a possible bid. The expression of interest contains no pricing, terms or any
    information of a material nature. The Board of BFC will consider and respond to the expression
    of interest in the normal course of business.
 
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