All Joy, the South African sauces, condiments and beverages group, has said that talks surrounding the future of the company are ongoing.


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.

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