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MURRAY & ROBERTS HOLDINGS LIMITED - Competition Commission Final Settlement

Release Date: 19/06/2013 09:34
Code(s): MUR     PDF:  
Wrap Text
Competition Commission – Final Settlement

MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ADR Code: MURZY
ISIN: ZAE000073441
(“Murray & Roberts” or the “Company”)


COMPETITION COMMISSION – FINAL SETTLEMENT

Shareholders are advised that Murray & Roberts has entered into a settlement agreement
with the Competition Commission relevant to its Fast Track Settlement investigations into
historical anti-competitive practices in the construction industry.

The Competition Commission will make an announcement in due course with regard to its
findings. The settlement amount is not materially different from what is provided for by the
Company, but until authorised to do so by the Commission, the Company cannot disclose
the amount involved.

The Competition Commission will refer this settlement to the Competition Tribunal. If
confirmed by the Competition Tribunal, this represents a full and final settlement of all
alleged collusive conduct as defined in the settlement agreement reached with the
Competition Commission on 18 June 2013.

Bedfordview
19 June 2013

Sponsor: Deutsche Securities (SA) Proprietary Limited

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