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PPC - Pretoria Portland Cement Company - Sanctioning Of The Scheme Of

Release Date: 25/11/2008 14:45
Code(s): PPC
Wrap Text

PPC - Pretoria Portland Cement Company - Sanctioning Of The Scheme Of Arrangement Pretoria Portland Cement Company Limited (Incorporated in the Republic of South Africa) (Registration number 1892/000667/06) JSE share code: PPC ZSE share code: PPC ISIN: ZAE000096475 ("PPC") SANCTIONING OF THE SCHEME OF ARRANGEMENT For purposes of this announcement, PPC shareholders are referred to the definitions set out in the scheme document dated Thursday, 16 October 2008. Further to the announcement released on SENS on Tuesday, 11 November 2008 and published in the press on Wednesday, 12 November 2008, PPC shareholders are advised that the scheme was sanctioned by the High Court of South Africa (Witwatersrand Local Division) today, being Tuesday, 25 November 2008. A certified copy of the Order of Court sanctioning the scheme will be lodged with the Registrar of Companies for registration. A further announcement regarding the fulfilment of the remaining conditions precedent and setting out the dates and times in respect of the implementation of the broad-based black ownership initiative will be made in due course. Johannesburg 25 November 2008 Investment Bank, debt adviser and transaction sponsor Standard Bank Independent sponsor Merrill Lynch South Africa (Proprietary) Limited Legal adviser Bowman Gilfillan Inc. Date: 25/11/2008 14:45:20 Supplied by www.sharenet.co.za 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.

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