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AFRIMAT LIMITED - Notice of Referral Received From Competition Commission

Release Date: 03/04/2017 15:47
Code(s): AFT     PDF:  
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Notice of Referral Received From Competition Commission

Afrimat Limited
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT 
ISIN: ZAE000086302
(“Afrimat” or “the Company”)

NOTICE OF REFERRAL RECEIVED FROM COMPETITION COMMISSION

In compliance with paragraph 3.4 (a) of the Listings Requirements of the JSE Limited, shareholders are
hereby advised that the Company has received notice on Friday, 31 March 2017 from the Competition
Commission that it has referred the Company through its wholly owned subsidiary, Clinker Supplies
Proprietary Limited, to the Competition Tribunal alleging abuse of dominance by charging excessive
prices.

The Company has been co-operating fully with the Competition Commission since the Competition
Commission commenced its investigation in 2015. After taking legal advice and considering the
complaint, the Company is of the opinion that there is no merit to the complaint and will therefore
vigorously defend itself before the Competition Tribunal.

By order of the board of directors

Cape Town
3 April 2017
Sponsor: Bridge Capital Advisors Proprietary Limited

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