|
ACL
ACL
ACL - Arcelormittal South Africa Limited - Arcelormittal South Africa Bee
Transaction ("Amsa Bee Transaction"): Renewal of Cautionary Announcement
ARCELORMITTAL SOUTH AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1989/002164/06)
Share code: ACL
ISIN: ZAE000134961
("ArcelorMittal South Africa")
ARCELORMITTAL SOUTH AFRICA BEE TRANSACTION ("AMSA BEE TRANSACTION"): RENEWAL OF
CAUTIONARY ANNOUNCEMENT
Shareholders of ArcelorMittal South Africa ("Shareholders") are referred to the
announcement released on the Securities Exchange News Service on 10 August 2010
and published in the South African press on 11 August 2010, informing
Shareholders that ArcelorMittal South Africa has entered into a Subscription and
Shareholders` Agreement on 9 August 2010, to give effect to the AMSA BEE
Transaction.
The pro forma financial effects of the AMSA BEE Transaction are still in the
process of being finalised. A further announcement advising the expected date
for disclosure of the pro forma financial effects of the AMSA BEE Transaction
and containing an amended timetable for the related circular process, will be
made in due course. Accordingly, Shareholders are advised to continue
exercising caution when dealing in ArcelorMittal South Africa securities, until
such further announcement is made.
Vanderbijlpark
Monday, 30 August 2010
For further information please contact:
Hennie Vermeulen - Manager: Investor Relations
Tel: (016) 889 2352
Financial Advisors
Goldman Sachs International
Goldman Sachs International, which is regulated in the United Kingdom by the
Financial Services Authority, is acting exclusively for ArcelorMittal South
Africa and no one else in connection with the BEE Transaction and will not be
responsible to anyone other than ArcelorMittal South Africa for providing the
protections afforded to clients of Goldman Sachs International nor for providing
advice in connection with the Transaction or any other matters referred to in
this announcement.
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Legal Advisors
Werksmans Attorneys
Date: 30/08/2010 17:30:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
