HUDACO INDUSTRIES LIMITED - Further announcement regarding the acquisition of the trading assets and liabilities of Eternity
HDC 201708080011A
Further announcement regarding the acquisition of the trading assets and liabilities of Eternity
HUDACO INDUSTRIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1985/004617/06)
Share code: HDC & ISIN: ZAE000003273
(“Hudaco”)
FURTHER ANNOUNCEMENT REGARDING THE ACQUISITION OF THE TRADING ASSETS AND
LIABILITIES OF EBTSA PROPRIETARY LIMITED AND MMD STEEL PRODUCTS CLOSE CORPORATION
(“ETERNITY”)
Shareholders are referred to the announcement released on SENS on Tuesday, 1 August 2017 and in
the press on Wednesday 2 August 2017 wherein they were advised that Hudaco has signed an
agreement to acquire the trading assets and liabilities of Eternity from 1 August 2017 (“the
Transaction”). This Transaction was subject to the fulfilment of certain suspensive conditions,
specifically the satisfactory completion of a due diligence and the signing of a lease agreement over
the head office premises.
Shareholders are advised that these suspensive conditions have now been fulfilled. All conditions
precedent to the Transaction have therefore been fulfilled and the acquisition is now unconditional.
Edenvale
8 August 2017
Sponsor
Nedbank Corporate and Investment Banking
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