ARCELORMITTAL SOUTH AFRICA LIMITED - Cautionary announcement
ACL 201509300069A
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”)
CAUTIONARY ANNOUNCEMENT
PROPOSED BROAD BASED BLACK ECONOMIC EMPOWERMENT (B-BBEE)
TRANSACTION
Shareholders are advised that the ArcelorMittal South Africa
board of directors (Board) has on the 30 September 2015 approved
the commencement of a process to initiate a B-BBEE Transaction.
KPMG has been retained to advise on the proposed B-BBEE
Transaction and, in terms of its mandate, KPMG will be engaging
with a number of potential B-BBEE investors with a view to
concluding a transaction.
The full impact of the transaction has not been determined but
if successfully concluded the transaction may have a material
effect on the price of the company’s shares. Shareholders are
accordingly advised to exercise caution when dealing in the
company’s shares until a full announcement is made.
30 September 2015
JOHANNESBURG
Transaction Sponsor
KPMG Services (Pty) Limited
Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
For further information please contact:
Themba Nkosi
General Manager: Human Resources, Transformation and
Communication
Tel: (016) 889 2996
Date: 30/09/2015 02:41:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
