BSS - BSI Steel Limited - Fulfilment of the remaining conditions precedent to
BSS
BSS
BSS - BSI Steel Limited - Fulfilment of the remaining conditions precedent to
the acquisition by BSI of 100% of Brown Mcfarlane Africa (Pty) Ltd and West
Dunes (Pty) Ltd
BSI STEEL Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/023164/06)
JSE code: BSS
ISIN: ZAE000125134
("BSI" or "the company")
FULFILMENT OF THE REMAINING CONDITIONS PRECEDENT TO THE ACQUISITION BY BSI OF
100% OF BROWN McFARLANE AFRICA (PTY) LTD ("BMFA") AND WEST DUNES (PTY) LTD
("WD") ("THE ACQUISITION")
1. INTRODUCTION
Shareholders of BSI ("BSI shareholders") are referred to the announcements
released by BSI on SENS on 19 March 2012 and 25 April 2012, wherein they were
advised of the acquisition.
2. FULFILMENT OF THE REMAINING CONDITIONS PRECEDENT TO THE IMPLEMENTATION OF
THE ACQUISITION
The South African Competition Authorities have approved the acquisition
unconditionally.
BSI shareholders are therefore advised that all conditions precedent to the
acquisition have now been fulfilled.
Johannesburg
25 June 2012
Designated Advisor
Sasfin Capital
(A division of Sasfin Bank Limited)
Date: 25/06/2012 09:06:01 Produced by the JSE SENS Department.
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