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MPACT LIMITED - Confirmation of Competition Commission raid on Mpact premises

Release Date: 26/05/2016 13:04
Code(s): MPT     PDF:  
Wrap Text
Confirmation of Competition Commission raid on Mpact premises

Mpact Limited
(Incorporated in the Republic of South Africa)
(Company registration number 2004/025229/06)
JSE Share Code: MPT
JSE ISIN: ZAE000156501
(“Mpact” or “the Company”)

CONFIRMATION OF COMPETITION COMMISSION RAID ON MPACT PREMISES

Mpact confirms that the Competition Commission is conducting a
raid on its premises today. The management of Mpact is
engaging with the Competition Commission.

Mpact management, together with its Board of directors have
zero tolerance towards anti-competitive behaviour. The Company
is committed to ensuring that its employees, management, and
directors do not engage in any conduct that constitutes
prohibited practice. To this end, Mpact has put in place
numerous initiatives to ensure good corporate governance
across all its operations.

Melrose Arch
26 May 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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