JSE
GEN
GEN - General - Piruto B.V. - Dealings disclosure
Piruto B.V.
(Registration number B.V. 1610663)
("Glencore")
DEALINGS DISCLOSURE
Shareholders are referred to the firm intention announcement released on
SENS on 27 March 2012, in which it was stated that a consortium comprising
Piruto B.V., a wholly-owned subsidiary of Glencore International AG
("Glencore") and Lexshell 849 Investments (Proprietary) Limited ("Lexshell")
(the "Consortium"), will make a mandatory offer to all shareholders of
Optimum Coal Holdings Limited ("Optimum") to acquire all of the issued
shares in Optimum not already owned or controlled by the Consortium for
R38.00 per share.
Glencore hereby advises that on 30 March 2012, it purchased a further
613,941 shares in Optimum at an average price of ZAR37.95 per share.
The above transaction has resulted in the Consortium holding, directly and
indirectly, 68.01% of the issued share capital of Optimum
This announcement is made in accordance with regulation 98(3) of the
Takeover Regulations.
Johannesburg
2 April 2012
General
The release, publication or distribution of this announcement in
jurisdictions other than South Africa may be restricted by law and,
therefore, any persons who are subject to the laws of any jurisdiction other
than South Africa should inform themselves about, and observe any applicable
requirements in, those jurisdictions.
This announcement is not intended to, and does not constitute, or form part
of, an offer to sell or an invitation to purchase or subscribe for any
securities or a solicitation of any vote or approval in any jurisdiction.
Date: 02/04/2012 16:47:48 Produced by the JSE SENS Department.
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