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EHS - Evraz Highveld Steel and Vanadium - Evraz Highveld gives formal notice in

Release Date: 09/05/2012 14:36
Code(s): EHS
Wrap Text

EHS - Evraz Highveld Steel and Vanadium - Evraz Highveld gives formal notice in terms of Section 189 Evraz Highveld Steel and Vanadium Limited Registration number: 1960/001900/06 (Incorporated in the Republic of South Africa) Share code: EHS ISIN ZAE000146171 ("the Company") EVRAZ HIGHVELD GIVES FORMAL NOTICE IN TERMS OF SECTION 189 Evraz Highveld has given formal notice in terms of section 189 of the Labour Relations Act of possible retrenchments on 4 May 2012. Formal consultations with employee representatives will commence on 9 May 2012, which will be facilitated by the CCMA. This process, together with labour restructuring, forms part of Evraz Highveld`s comprehensive fixed cost reduction plan. eMalahleni 9 May 2012 Sponsor: J.P. Morgan Equities Limited Date: 09/05/2012 14:36:02 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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