AND - Andulela Investment Holdings Limited - Termination of the GIBB Steel
AND
AND
AND - Andulela Investment Holdings Limited - Termination of the GIBB Steel
(Pty) Limited ("GIBB Steel") transaction
ANDULELA INVESTMENT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1950/037061/06)
JSE code: AND
ISIN: ZAE000125894
("Andulela" or "the company")
TERMINATION OF THE GIBB STEEL (PTY) LIMITED ("GIBB STEEL") TRANSACTION
Shareholders are referred to the announcements, dated 1 February 2011, 18
March 2011 and 22 June 2011 advising of the agreement entered into between
Andulela and GIBB Steel in terms of which Andulela will acquire the business,
including the assets and liabilities, of GIBB Steel indivisibly as a going
concern.
The company advises shareholders that all the suspensive conditions have not
been fulfilled and that the transaction has been terminated by mutual
agreement between the parties.
Johannesburg
31 May 2012
Corporate adviser and transaction sponsor
Vunani Corporate Finance
Sponsor
Java Capital
Attorneys
Glyn Marais Incorporated
Date: 31/05/2012 11:13:01 Produced by the JSE SENS Department.
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