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METAIR INVESTMENTS LIMITED - Fulfillment Of All Conditions Precedent

Release Date: 05/12/2013 16:03
Code(s): MTA     PDF:  
Wrap Text
Fulfillment Of All Conditions Precedent

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

FULFILMENT OF ALL CONDITIONS PRECEDENT


Shareholders of Metair (“Shareholders”) are referred to the announcements released on the
Stock Exchange News Service on 10 October 2013, 29 October 2013, 4 November 2013,
21 November 2013 and 3 December 2013 pertaining to, inter alia, the acquisition by the
Metair Group of the Mutlu Sale Shares and the remaining shares in Mutlu Plastik and Mutlu
Akü, a category 1 transaction in terms of the Listings Requirements of the JSE Limited
(“Transaction”).


Shareholders are hereby notified that all conditions precedent to the Transaction as set out
in the share purchase agreement (“SPA”) and summarised in the announcement dated
10 October 2013, have either been fulfilled or waived, as the case may be. Accordingly, the
Transaction is now unconditional in accordance with the terms of the SPA.


Johannesburg
5 December 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: 05/12/2013 04:03:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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