All Joy, the South African sauces, condiments and beverages group, has said that talks surrounding the future of the company are ongoing.
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The company first revealed the negotiations back in November and today (12 February) repeated that the talks could have a “material effect” on the price of its shares.
“Shareholders are advised to continue exercising caution when dealing in the company’s securities until a full announcement is made,” All Joy said in a statement to the Johannesburg Stock Exchange.
All Joy, which makes brands including Squeeze, Veri Peri and Before You Braai, gave no further details regarding the nature of the negotiations.
