Sharenet Sites 
Sharenet Sites
Update On Business Rescue Applications And Renewal Of Cautionary Announcements
ALERT STEEL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2003/005144/06)
JSE code: AET ISIN: ZAE000092847
(“Holdings”)
UPDATE ON BUSINESS RESCUE APPLICATIONS AND RENEWAL OF CAUTIONARY
ANNOUNCEMENTS
The board of directors ("Board") of Alert would like to draw shareholders’ attention to the
announcements that were published on SENS on 12 May and 15 May 2014 respectively, in which the
shareholders were advised that Alert Steel (Pty) Ltd (‘Alert Steel’), a wholly owned subsidiary of
Holdings and Holdings (collectively ‘the companies’) have begun with business rescue proceedings as
provided for by Section 129 of the Companies Act, 2008, as amended. The current state of affairs in
respect of both processes is summarised below.
1. Filing of the resolutions
The board resolution to apply for business recue of Alert Steel was filed by Alert Steel with the
Companies and Intellectual Property Commission (“CIPC”) on 9 May 2014 and the effective date of
commencement of the business rescue proceedings of Alert Steel is confirmed as 9 May 2014, in
accordance with Section 132 (1)(a)(i) of the Companies Act.
The board resolution to apply for business recue of Holdings was filed by Alert with CIPC on 20 May
and the effective date of commencement of the business rescue proceedings of Alert is confirmed as
21 May, in accordance with Section 132 (1)(a)(i) of the Companies Act.
2. Appointment of business rescue practitioners
Alert Steel has appointed Mr Zaheer Cassim as business rescue practitioner and he duly accepted the
appointment on 13 May 2014.
Holdings has appointed Mr Juanito Damons as business rescue practitioner and he duly accepted the
appointment on 21 May 2014.
3. Notices of the resolutions
The companies are in the process of publishing a notice of the respective board resolutions and their
effective dates, in the prescribed manner to every affected person ("Notices"). Such Notices will include
copies of the resolutions, sworn statements of the facts relevant to the grounds on which the resolutions
were founded in terms of Section 129(3)(a) of the Companies Act and the notice of appointment of a
business rescue practitioner. Copies of the Notices may be obtained from the Alert on e-mail
admin@alertsteel.co.za or on the website: www.alertsteel.co.za.
4. Renewal of both cautionary announcements dated 12 and 15 May 2014
Shareholders are advised to continue to exercise caution when dealing in Hollings’s securities until
further information with regards to the status of the business rescue processes in respect of both
companies is provided.
26 May 2014
Pretoria
Designated Adviser
Exchange Sponsors.
Date: 26/05/2014 09:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
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,
information disseminated through SENS.
