PPC - Pretoria Portland Cement Company - Sanctioning Of The Scheme Of
PPC
PPC
PPC - Pretoria Portland Cement Company - Sanctioning Of The Scheme Of
Arrangement
Pretoria Portland Cement Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1892/000667/06)
JSE share code: PPC
ZSE share code: PPC
ISIN: ZAE000096475
("PPC")
SANCTIONING OF THE SCHEME OF ARRANGEMENT
For purposes of this announcement, PPC shareholders are referred to the
definitions set out in the scheme document dated Thursday, 16 October 2008.
Further to the announcement released on SENS on Tuesday, 11 November 2008 and
published in the press on Wednesday, 12 November 2008, PPC shareholders are
advised that the scheme was sanctioned by the High Court of South Africa
(Witwatersrand Local Division) today, being Tuesday, 25 November 2008. A
certified copy of the Order of Court sanctioning the scheme will be lodged with
the Registrar of Companies for registration.
A further announcement regarding the fulfilment of the remaining conditions
precedent and setting out the dates and times in respect of the implementation
of the broad-based black ownership initiative will be made in due course.
Johannesburg
25 November 2008
Investment Bank, debt adviser and transaction sponsor
Standard Bank
Independent sponsor
Merrill Lynch South Africa (Proprietary) Limited
Legal adviser
Bowman Gilfillan Inc.
Date: 25/11/2008 14:45:20 Produced by the JSE SENS Department.
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