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METAIR INVESTMENTS LIMITED - Update to the Mutlu Transaction

Release Date: 12/12/2013 07:05
Code(s): MTA     PDF:  
Wrap Text
Update to the Mutlu Transaction

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


UPDATE TO THE MUTLU TRANSACTION


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, 3 December 2013 and 5 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.


Shareholders are hereby notified that the acquisition of the Mutlu Sale Shares and the
remaining shares in Mutlu Plastik is now complete. The Mandatory Tender Offer (“MTO”)
process in relation to the remaining shares in Mutlu Akü is expected to commence in the
next few weeks and Shareholders will be advised of any updates pertaining to the MTO in
due course.


Johannesburg
11 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: 12/12/2013 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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