ACL
ACL
ACL - ArcelorMittal - Posting Of Scheme Document
ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1989/002164/06)
Share code: ACL
ISIN: ZAE000103453
("ArcelorMittal")
POSTING OF SCHEME DOCUMENT
Further to the announcement released on SENS on 6 May 2009 regarding the pro
rata share buy-back of ArcelorMittal ordinary shares by way of a scheme of
arrangement in terms of section 311 of the Companies Act, 1973 (Act 61 of 1973),
as amended ("the Act") ("the scheme"), shareholders are advised that the scheme
document was posted today. The scheme has been proposed by Vicva Investments and
Trading Nine (Proprietary) Limited, a wholly owned subsidiary of ArcelorMittal,
between ArcelorMittal and its shareholders, to acquire, in terms of section 89
of the Act, approximately 10% of the number of issued ArcelorMittal ordinary
shares from ArcelorMittal shareholders on a pro rata basis for a consideration
of R87.64 per share. The necessary authorities to obtain shareholder approval
are contained in the scheme document.
Vanderbijlpark
8 May 2009
Merchant bank and transaction sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Legal advisors
Cliffe Dekker Hofmeyr Inc
Reporting accountants and auditors
Deloitte & Touche
Transfer secretaries
Computershare Investor Services (Proprietary) Limited
Date: 08/05/2009 16:49:01 Produced by the JSE SENS Department.
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