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ARCELORMITTAL SOUTH AFRICA LIMITED - Renewal of cautionary

Release Date: 21/12/2015 09:49
Code(s): ACL     PDF:  
Wrap Text
Renewal of cautionary

ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
Registration number: 1989/002164/06
Share code: ACL
ISIN: ZAE000134961
(“ArcelorMittal” or “the company”)

Renewal of cautionary announcement

Further to the cautionary announcement released on the Stock
Exchange News Service of the JSE Limited on 6 November 2015
wherein ArcelorMittal’s shareholders (“Shareholders”) were
advised of a proposed B-BBEE Transaction, Shareholders are
further advised that the process in relation to the proposed
Transaction is ongoing and if successfully concluded, may have
a material effect on the price of the company’s securities. It
is anticipated that the full terms announcement will be issued
in the first quarter of 2016.

Accordingly, Shareholders are advised to continue to exercise
caution when dealing in the company's securities until a
further announcement is made in this regard.

Vanderbijlpark
21 December 2015

Corporate advisor, transaction sponsor and legal advisor in
relation to the B BBEE Transaction
KPMG Services Proprietary Limited

Sponsor to ArcelorMittal South Africa Limited
J.P. Morgan Equities South Africa Pty Ltd

Date: 21/12/2015 09:49:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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