Sharenet Sites 
Sharenet Sites
Voluntary Announcement: Disposal of Genrec to Southern Palace Group of Companies
MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ADR Code: MURZY
ISIN: ZAE000073441
(“Murray & Roberts” or “the Group”)
VOLUNTARY ANNOUNCEMENT: DISPOSAL OF GENREC TO SOUTHERN PALACE
GROUP OF COMPANIES
Shareholders are referred to the voluntary announcement released on the Stock Exchange
News Service of the JSE Limited on 24 October 2016, regarding the sale of Genrec to Nisela
Capital. This transaction was not concluded and new potential purchasers were engaged.
The Group is pleased to announce that Genrec has been sold, subject to certain conditions
precedent, to the Southern Palace Group of Companies, a black-owned and managed South
African industrial group. Certain assets and liabilities are excluded from the transaction and
will remain with the Group. The assets and liabilities included in the transaction, were sold at
book value. This transaction is not classified as a categorised transaction, as per section 9 of
the JSE Listings Requirements.
Murray & Roberts has over the past few years changed its strategic direction, which resulted
in a significant change to its portfolio of businesses, and Genrec was the last remaining
manufacturing business to be sold. Murray & Roberts believes that this transaction supports
the Group’s long-term strategy and that it is in the best interest of Genrec, as the business will
now have greater opportunity to unlock order book potential in the public sector.
Bedfordview
30 October 2017
Sponsor: Deutsche Securities (SA) Proprietary Limited
Date: 30/10/2017 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
