In an unusually strongly worded Sens announcement, RCL Foods accused shareholder activist Albie Cilliers of unfairly profiting by exercising his appraisal rights and abusing the process.
The JSE is looking into a complaint by shareholder activist Albie Cilliers against RCL Foods after he accused the company, which owns brands such as Selati sugar, Nola mayonnaise, and 5 Star maize meal, of lying about the events and
the purpose of the share buy option that he exercised. ..You’ve always trusted us to help you navigate the world. Support the Sunday Times by becoming a premium member for only R80 and keep the conversation going. You can cancel anytime.
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