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METAIR INVESTMENTS LIMITED - Update of Turkey operations

Release Date: 19/07/2016 07:05
Code(s): MTA     PDF:  
Wrap Text
Update of Turkey operations

METAIR INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1948/031013/06
JSE share code: MTA
ISIN: ZAE000090692
(“Metair” or the “Company”)

UPDATE OF TURKEY OPERATIONS

Metair is a leading international manufacturer, distributor and retailer of energy storage solutions and
automotive components with operations in South Africa, Romania, the United Kingdom and Turkey.

Mutlu Akü is a wholly owned subsidiary of Metair and is Turkey’s leading lead acid battery manufacturer.
Metair is pleased to advise stakeholders that, following the recent disturbances in Turkey, there has
been no disruption to Mutlu Akü’s operations and that its employees have not suffered any direct harm.

Metair’s management, together with its Turkish leadership team, will continue to monitor the situation
closely.

The Company is currently in a closed period and the interim results for the six months ended
30 June 2016 are expected to be published on or about 17 August 2016.



19 July 2016
Johannesburg

Sponsor
One Capital

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