SAN - Sanyati - Successful Conclusion Of The Acquisition Of Meyker
SAN
SAN
SAN - Sanyati - Successful Conclusion Of The Acquisition Of Meyker
Construction (PTY) Limited
SANYATI HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1988/002538/06)
(JSE code: SAN & ISIN: ZAE000081055)
("Sanyati" or "the company")
SUCCESSFUL CONCLUSION OF THE ACQUISITION OF MEYKER CONSTRUCTION (PTY) LIMITED
Further to the announcements dated 4 December 2007 and 13 December 2007, in
terms of which Sanyati announced the purchase of all the issued shares in and
claims on loan account against Meyker Construction (Pty) Limited and Meyker Re
Teng Construction (Pty) Limited ("the transaction"), shareholders are advised
that the final condition precedent to the transaction has been satisfied, namely
the unconditional approval of the transaction by the Competition Commission
("the final condition precedent"). Notification in this regard was received by
Sanyati on Friday, 18 January 2008.
Accordingly the board of Sanyati announces that the transaction is now
unconditional in all respects.
Johannesburg
21 January 2008
Designated adviser Exchange Sponsors
Auditors PKF Chartered Accountants
Attorneys to Sanyati Fluxmans Attorneys
for Meyker Acquisition
Attorneys to Vendors Prinsloo, Tindle & Andropoulos
Inc
Azar & Havenga Attorneys
Competition Commission Deneys Reitz Attorneys
attorneys
Date: 21/01/2008 16:48:11 Produced by the JSE SENS Department.
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