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Murray & Roberts/ Concor - Unconditional Approval By The Competition Tribunal

Release Date: 15/06/2006 13:33
Code(s): MUR CNC
Wrap Text

Murray & Roberts/ Concor - Unconditional Approval By The Competition Tribunal Concor Limited (Incorporated in the Republic of South Africa) (Registration number 1969/003076/06) Share code: CNC & ISIN: ZAE000001616 ("Concor") Murray & Roberts Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1948/029826/06) Share code: MUR & ISIN: ZAE000073441 UNCONDITIONAL APPROVAL BY THE COMPETITION TRIBUNAL REMAINING DATES AND TIMES PERTAINING TO THE SCHEME OF ARRANGEMENT PROPOSED BY MURRAY & ROBERTS LIMITED Further to the announcement on 15 May 2006, shareholders are advised that the Competition Tribunal unconditionally approved the acquisition by Murray & Roberts Limited ("Murray & Roberts") of the entire issued share capital of Concor on 14 June 2006. This was the only remaining condition precedent pertaining to the scheme of arrangement proposed by Murray & Roberts, a wholly- owned subsidiary of Murray & Roberts Holdings Limited, between Concor and its shareholders, other than Mexican Wave Investments (Pty) Limited ("Mexican Wave"), in terms of which Murray & Roberts will acquire all the shares in the issued share capital of Concor, other than those already held by Mexican Wave ("scheme"). The scheme is therefore unconditional. Concor shareholders are advised of the salient dates and times relating to the final implementation of the scheme set out in the table below: 2006 Last day to trade in Concor shares in order to be recorded in the register on the record date on Friday 23 June Date of suspension of listing of Concor shares on the JSE Limited ("JSE") at commencement of trading on Monday 26 June Record date on which Concor shareholders must be recorded in the register in order to receive the scheme consideration on Friday 30 June Date on which the scheme consideration will be posted or transferred (as the case may be) to certificated scheme participants (if documents of title are received on or prior to the record date) or, failing receipt of documents of title on or before the record date, within five business days of receipt thereof by the transfer secretaries, from Monday 3 July Date on which the dematerialised scheme participants will have their accounts at their CSDP or broker credited with the scheme consideration on Monday 3 July Date of termination of listing of Concor shares on the JSE at the commencement of trading on Tuesday 4 July Note: 1. Share certificates may not be dematerialised or rematerialised after Friday 23 June 2006. Johannesburg 15 June 2006 Independent advisor and lead sponsor to Concor Bridge Capital Date: 15/06/2006 01:33:04 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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