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MURRAY & ROBERTS HOLDINGS LIMITED - Notice of beneficial interest in Murray & Roberts securities by Aton Austria Holdings GmbH

Release Date: 16/11/2017 16:30
Code(s): MUR     PDF:  
Wrap Text
Notice of beneficial interest in Murray & Roberts securities by Aton Austria Holdings GmbH

MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ADR Code: MURZY
ISIN Code: ZAE000073441
(“Murray & Roberts” or the “Company”)


Notice of beneficial interest in Murray & Roberts securities by Aton Austria Holdings
GmbH

In accordance with Section 122(3)(b) of the Companies Act, No 71 of 2008, as amended
(“Companies Act”) and paragraph 3.83(b) of the JSE Limited Listings Requirements, Murray
& Roberts’ shareholders are advised that the Company has received a form TRP121.1 from
Aton Austria Holdings GmbH (“Aton”), a company registered in accordance with the laws of
Austria.

Aton has not acquired additional ordinary shares in Murray & Roberts. The rationale provided
by Aton for issuing a TRP 121.1 form, is that its percentage of votable ordinary shares of
Murray & Roberts has increased due to the repurchase of its own shares by Murray & Roberts
on the open market in accordance with the disclosed share repurchase programme, which
concluded on 1 November 2017 (“Buy Back Shares”). Accordingly Aton has confirmed that its
beneficial interest in Murray & Roberts ordinary shares, excluding the Buy Back Shares, is
now 30.17%.

Section 122 of the Companies Act requires notification to the issuer, which in turn is required
to file a copy of the notification with the Takeover Regulation Panel and report the information
to its shareholders, in any circumstances when the acquirer (or disposer, except in certain
circumstances) of securities issued by that company holds a beneficial interest in securities
amounting to 5%, 10%, 15% or any further whole multiple of 5% of the issued shares of that
class. As the Buy Back Shares will continue to be held as treasury shares by a wholly-owned
subsidiary of Murray & Roberts, these ordinary shares have not been cancelled.

Aton’s shareholding in Murray & Roberts’ ordinary shares remains at 29.998% of the total
issued ordinary share capital of the Company. Aton will be required to notify the Company
again in the event of any acquisition of Murray & Roberts ordinary shares which will result in
a shareholding in Murray & Roberts of above 30% of the total issued share capital in Murray
& Roberts.

Bedfordview
16 November 2017

Sponsor: Deutsche Securities (SA) Proprietary Limited

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