ARCELORMITTAL SOUTH AFRICA LIMITED - Renewal of cautionary announcement
ACL 201606130022A
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” or “the company”)
Renewal of cautionary announcement
Further to the cautionary announcement released on the Stock
Exchange News Service of the JSE Limited on 6 November 2015
wherein ArcelorMittal’s shareholders (“Shareholders”) were
advised of a proposed B-BBEE Transaction, and subsequent
renewal announcements, Shareholders are further advised that
the process in relation to the proposed Transaction is ongoing
and when successfully concluded, may have a material effect on
the price of the company’s securities. Due to the timing
requirement for the fund raising process, it is now
anticipated that the full terms announcement will be issued
during September or October of 2016.
Accordingly, Shareholders are advised to continue to exercise
caution when dealing in the company's securities until a
further announcement is made in this regard.
Vanderbijlpark
13 June 2016
Corporate advisor, transaction sponsor and legal advisor in
relation to the B BBEE Transaction
KPMG Services Proprietary Limited
Sponsor to ArcelorMittal South Africa Limited
J.P. Morgan Equities South Africa Pty Ltd
Date: 13/06/2016 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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