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Notice of further court proceedings instituted
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”)
NOTICE OF FURTHER COURT PROCEEDINGS INSTITUTED AGAINST INTER ALIA EVRAZ
HIGHVELD STEEL AND VANADIUM LIMITED (IN BUSINESS RESCUE) (“HIGHVELD”), THE
BUSINESS RESCUE PRACTITIONERS OF HIGHVELD AND AFFECTED PERSONS
Shareholders are advised that East Metals AG (“EM”) and Mastercroft S.A.R.L
(“Mastercroft”) has instituted further court proceedings against inter alia
Highveld, the joint Business Rescue Practitioners of Highveld (“the BRPs”)
and several other affected persons of Highveld.
In accordance with Regulation 6 of the Companies Act, the details of the
abovementioned court proceedings are as follows:
On or about 26 October 2015, EM and Mastercroft furnished the BRPs with a
copy of an urgent application in terms of which EM and Mastercroft seek to
inter alia interdict and restrain Highveld and the BRPs from implementing
the business rescue plan in respect of Highveld, pending the final
determination of the main application launched under case number
85549/2015.
Highveld and the BRPs intend opposing the application.
A full copy of the papers in the above application is available on request
at mscruse@matusonassociates.co.za.
eMalahleni
30 October 2015
Sponsor
J.P. Morgan Equities South Africa Proprietary Limited
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