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MURRAY & ROBERTS HOLDINGS LIMITED - Federal Court approves Clough Scheme of Arrangement

Release Date: 20/11/2013 10:48
Code(s): MUR     PDF:  
Wrap Text
Federal Court approves Clough Scheme of Arrangement

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


FEDERAL COURT APPROVES CLOUGH SCHEME OF ARRANGEMENT

Murray & Roberts is pleased to advise that the Federal Court of Australia (“Court”) has today
made orders approving the Scheme of Arrangement (“Scheme”) between Clough Limited
(“Clough”) and its shareholders under which Murray & Roberts will acquire all of the ordinary
shares in Clough that Murray & Roberts does not already own (“Proposed Acquisition”).

Clough intends lodging a copy of the orders of the Court approving the Scheme with the
Australian Securities and Investment Commission on Thursday, 21 November 2013. The
Scheme will become effective on Thursday, 21 November 2013. Implementation of the
Proposed Acquisition is expected to occur on or about Wednesday, 11 December 2013 after
which Clough will become a wholly owned subsidiary of Murray & Roberts.

Bedfordview
20 November 2013


Sponsor: Deutsche Securities (SA) Proprietary Limited

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