OREANDA-NEWS. Further to the Cautionary Announcement published on 20 April 2016, the Directors of Ariston Holdings Limited (“the Company”) wish to advise shareholders that Ariston Holdings Limited is negotiating a transaction, which if successfully concluded, may have a material impact on the Company’s share price, capital structure and in turn the shareholding structure of the Company. The transaction involves a proposal received by the Board from the major shareholder of the Company, Origin Global Holdings which is undergoing the normal Zimbabwe Stock Exchange listing requirements and other regulatory requirements, and shareholders will be provided with more details in due course.

Shareholders are accordingly advised to exercise caution and should consult their professional advisors when dealing in the Company’s shares until a further announcement is made.