SFB
SFB
SFB - Stefanutti & Bressan Holdings Limited - Competition Commission Approval
Received for the Acquisition of Stocks Limited ("Stocks")
Stefanutti & Bressan Holdings Limited
(Formerly Stefanutti & Bressan Civils (Proprietary) Limited)
(Registration number 1996/003767/06)
Share code: SFB & ISIN ZAE000101903
("S&B" or "the Company")
COMPETITION COMMISSION APPROVAL RECEIVED FOR THE ACQUISITION OF STOCKS LIMITED
("STOCKS")
1. Introduction
Further to the circular dated 16 May 2008, shareholders are advised that
the proposed transaction by S&B to acquire the entire issued share capital
of Stocks, was approved without any conditions, by the Competition
Commission.
2. Outstanding conditions precedent
The transaction is still subject to the Zener Steward Electromechanical
Joint Venture being converted into or transferred to a Limited Liability
Company established under the United Arab Emirates Commercial Companies Law
No 8 of 1984 or an alternative structure being implemented which achieves
the same financial and economic effect.
Johannesburg
2 July 2008
Sponsor and transaction advisor to S&B:
Bridge Capital Advisors (Proprietary) Limited
Date: 02/07/2008 09:52:01 Produced by the JSE SENS Department.
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