EVRAZ HIGHVELD STEEL & VANADIUM LTD - Creditors Committee Meeting and Update on Sales Process

Creditors’ Committee Meeting and Update on Sales Process

EVRAZ Highveld Steel and Vanadium Limited
(Incorporated in the Republic of South Africa)
(Registration No: 1960/001900/06)
Share code: EHS ISIN: ZAE000146171
(“Highveld” or “the Company”)


Creditors’ Committee Meeting and Update on Sales Process


Shareholders are advised that the creditors’ committee met today to consider three final binding
offers received from preferred bidders in terms of the sales process.



The Company can confirm that the business rescue practitioners will be announcing the successful
bidder during the course of this week.



        The business rescue plan (the plan) will be published by mid-September 2015 and
        creditors will formally vote on the plan at the creditors meeting convened within 10
        days from the date of publication of the plan.




eMalahleni
2 September 2015


J.P. Morgan Equities South Africa (Pty) Ltd.

Date: 02/09/2015 08:12:00 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.