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EVRAZ HIGHVELD STEEL & VANADIUM LTD - Further urgent court proceedings instituted under case No: 85549/2015

Release Date: 05/11/2015 16:07
Code(s): EHS     PDF:  
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Further urgent court proceedings instituted under case No: 85549/2015

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”)


FURTHER NOTICE TO SHAREHOLDERS OF EVRAZ HIGHVELD STEEL AND VANADIUM LIMITED
   (IN BUSINESS RESCUE) (“HIGHVELD”):     FURTHER URGENT COURT PROCEEDINGS
                      INSTITUTED UNDER CASE NO: 85549/2015


Shareholders are advised of further urgent court proceedings instituted by
East Metals AG (“EM”) and Mastercroft S.A.R.L (“Mastercroft”) against inter
alia Highveld, the joint business rescue practitioner of Highveld (“the
BRPs”) and 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 2 November 2015, EM and Mastercroft furnished the BRPs with a
copy of an urgent application in terms of which EM and Mastercroft seek
leave to inter alia    serve the main application on affected persons by way
of substituted service.


Highveld and the BRPs opposed the urgent application and filed an answering
affidavit on or about 5 November 2015.


A copy of the papers is also available upon request made to
mscruse@matusonassociates.co.za.


eMalahleni
5 November 2015


Sponsor
J.P. Morgan Equities South Africa Proprietary Limited

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