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Lorica Elferink

Director
About

Lorica brings more than 20 years legal experience in advising private and listed domestic and international clients on corporate and commercial law, company and securities law, and governance related matters.

These include listings, public offers, schemes of arrangement, mergers and demergers, restructurings, private acquisitions and joint ventures, as well as supply, transport and logistics agreements. Her experience spans mainly the consumer goods, food and retail, insurance and financial services sectors.

Lorica served as guest lecturer at the University of Stellenbosch until 2024, teaching final-year law students a module of Advanced Company Law, specifically Fundamental Transactions and the Takeover Regulations.

EXPERIENCE

  • FirstRand on the transfer of the clients, banking assets and liabilities and the employees of HSBC's branch in South Africa to FirstRand’s wholly owned subsidiary FirstRand Bank.
  • One of the bidders for the acquisition of the South African subsidiary of Shell plc.
  • The shareholder of a manufacturer of intermodal ISO tank, bulk liquid shipping and transport containers on the disposal of its shares and loan claims, by way of a restructuring of the loan.
  • A majority shareholder with a controlling stake in a JSE listed company in relation to a rights issue undertaken by the listed company and subsequent spin-out and listing of a major subsidiary of the listed company.
  • Distell Group Holdings Limited, a company listed on the JSE, on the acquisition by Heineken International BV of all the shares in Distell and simultaneous spin-out to Distell’s shareholders of Distell’s whiskey business, through a scheme of arrangement in a transaction valued at ZAR40.1 billion, which included successfully defending a challenge to the scheme launched by a shareholder in terms of section 115(3) of the South African Companies Act in the High Court of South Africa and addressing appraisal rights purportedly exercised by dissenting shareholders.*
  • Sanlam Limited with regard to its partial offer for shares in AfroCentric Investment Corporation Limited (both listed on the JSE) and simultaneous asset-for-shares transaction, valued at ZAR3.629 billion.*
  • Remgro Limited regarding relation to the distribution in specie by it to its shareholders of all the shares it held in Grindrod Limited (both listed on the JSE).*
  • Astral Operations Limited in concluding*:
    • the transport and cold chain logistics agreements for the frozen poultry products of its County Fair division in the Western Cape (South Africa);
    • the transport agreements in relation to temperature sensitive day-old chicks in respect of its Festive and Goldi hatcheries in the northern parts of South Africa; and
    • the transport of bulk raw feed for its Medaow Feeds division across South Africa.
  • RCL Foods Limited in negotiating transport agreements for wholestick and billeted sugar cane, bulk raw sugar and processed and packed sugar*.

*Denotes experience from a previous company.

Languages
  • English
  • German
Education
  • University of South Africa (UNISA), Certificate in Advanced Company and Securities Law, 2010

  • Cambridge University (Hughes Hall), Cambridge, LLM 2003

  • Stellenbosch University, Stellenbosch, BA: English and German, 1994 -1996; LLB, 1997 - 1999

Memberships and Affiliations

Legal Practice Council

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