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MURRAY & ROBERTS HOLDINGS LIMITED - Update announcement regarding the merger notification required in respect of the conditional offer by ATON GmbH (AT

Release Date: 09/05/2018 16:33
Code(s): MUR     PDF:  
Wrap Text
Update announcement regarding the merger notification required in respect of the conditional offer by ATON GmbH (“AT

Murray & Roberts Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1948/029826/06
JSE share code: MUR
ISIN: ZAE000073441
(“Murray & Roberts”)

UPDATE ANNOUNCEMENT REGARDING THE MERGER NOTIFICATION REQUIRED IN RESPECT OF THE
CONDITIONAL OFFER BY ATON GMBH (“ATON”)

Shareholders are advised that on or about 27 March 2018, ATON made a unilateral application to the South
African Competition Commission (“Commission”) for permission to file a separate merger notification in relation
to the conditional offer by ATON (“ATON Offer”). The Commission has now issued a directive requiring Murray
& Roberts to submit its separate merger notification in relation to the ATON Offer (the “Directive”). Murray &
Roberts intends to abide by the Directive and submit its merger notification by no later than the deadline
prescribed by the Commission, being close of business on Thursday, 24 May 2018.

In the response circular posted to Murray & Roberts shareholders on Friday, 20 April 2018 (“Response
Circular”), the independent board of Murray & Roberts (“Independent Board”) advised shareholders that it was
of the view that a merger notification, in any jurisdiction, was premature as there was no certainty that the ATON
Offer would be successful in accordance with its terms. Shareholders are reminded that they will only know
whether ATON has received the requisite number of acceptances on Thursday, 14 June 2018, unless extended.
The Independent Board was unaware at the time of posting the Response Circular, that ATON had applied to
the Commission for permission to file a separate merger notification.

The Independent Board accepts responsibility for the information contained in this announcement and certifies
that, to the best of its knowledge and belief, the information contained in this announcement is true and nothing
has been omitted, which is likely to affect the importance of the information.

Bedfordview
9 May 2018

For media enquiries please contact:
Ed Jardim
Group Investor and Media Executive
Mobile: +27 83 357 6282
E-mail: eduard.jardim@murrob.com

Financial adviser and transaction sponsor
Deutsche Bank

Legal adviser
Webber Wentzel

Sponsor
Deutsche Securities (SA) Proprietary Limited

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