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ARCELORMITTAL SOUTH AFRICA LIMITED - Renewal of cautionary

Release Date: 16/03/2016 08:51
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, and subsequent
renewal announcements on 21 December 2015 and 3 February 2016,
respectively, 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 second 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
16 March 2016

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: 16/03/2016 08:51:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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