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METAIR INVESTMENTS LIMITED - Clearance From The Turkish Competition Authority For Metairs Proposed Acquisition In Turkey

Release Date: 21/11/2013 17:35
Code(s): MTA     PDF:  
Wrap Text
Clearance From The Turkish Competition Authority For Metair’s Proposed Acquisition In Turkey

Metair Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1948/031013/06
Share code: MTA
ISIN: ZAE000090692
(“Metair” or “the Company”, including any subsidiaries of Metair)


CLEARANCE FROM THE TURKISH COMPETITION AUTHORITY FOR METAIR’S
PROPOSED ACQUISITION IN TURKEY

Metair shareholders (“Shareholders”) are referred to the announcements released on the
Stock Exchange News Service of the exchange operated by the JSE Limited (“SENS”) on
10 October 2013, 29 October 2013 and 4 November 2013 wherein Shareholders were
advised that the Company (acting through a subsidiary) entered into various agreements
resulting in a category 1 acquisition in terms of the Listings Requirements of the JSE Limited
(“Transaction”).

The Company is pleased to announce to its Shareholders that the Turkish Competition
Authority has cleared the Transaction. This is a significant milestone to the successful
completion of the Transaction and Shareholders shall be informed in due course of any
further developments through the SENS and in the South African press.

Johannesburg
21 November 2013


Financial advisor to Metair: Absa Bank Limited (acting through its Corporate and Investment
Banking Division) and Barclays Bank PLC (acting through its investment bank)

Sole bookrunner, sole debt advisor and transaction sponsor to Metair: Absa Bank Limited
(acting through its Corporate and Investment Banking Division)
Independent Sponsor to Metair: One Capital

South African corporate law advisors to Metair: Taback and Associates (Pty) Ltd
Independent reporting accountants: PricewaterhouseCoopers Inc.
Turkish legal advisors to Metair: Taboglu & Demirhan Attorneys at Law

Legal advisors to Absa Bank Limited and Barclays Bank PLC: Bowman Gilfillan Inc.

Date: 21/11/2013 05:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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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,
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