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Declaration and finalisation announcement in respect of the removal of the listing of Murray and Roberts Holdings
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 Holdings" or "the Company")
DECLARATION AND FINALISATION ANNOUNCEMENT IN RESPECT OF THE REMOVAL OF THE
LISTING OF MURRAY & ROBERTS HOLDINGS FROM THE JSE LIMITED
INTRODUCTION
Shareholders of Murray & Roberts Holdings ("Shareholders") are referred to the announcements
published by the Company on or about 30 August 2024, 5 November 2024, 22 November 2024,
20 January 2025, 3 April 2025, 27 June 2025, 15 August 2025, 9 September 2025, 7 October 2025 and
28 October 2025, as well as the circular published and distributed to Shareholders on or about
20 May 2025, regarding, among others, the financial and operational affairs of the Company.
Capitalised words used but otherwise not defined shall have the same meanings ascribed thereto in the
announcements and circular referred to above.
REMOVAL OF LISTING FROM THE JSE
In light of the granting of a final winding-up order against Murray & Roberts Holdings by the High Court
of South Africa on 27 October 2025 ("Final Winding-up Order"), and the proposed acquisition of the
Cementation and TNT businesses pursuant to the business rescue proceedings in respect of its
downstream subsidiary, Murray & Roberts Limited ("MRL"), the Company has acknowledged that there
is no prospect of it being able to distribute any returns to Shareholders, nor for the Company to re-
establish its operations. In the circumstances, the continued listing of Murray & Roberts Holdings is no
longer feasible.
As a consequence, the Company intends to cooperate with the JSE Limited ("JSE") in implementing the
removal of all the ordinary shares from the list of securities admitted to trading and the concomitant
termination of its listing from the JSE ("Removal of Listing"). As part of the Removal of Listing,
Shareholders are advised that following the termination (as announced on 7 October 2019) by Deutsche
Bank Trust Company Americas of its sponsored American Depositary Receipt programme in or around
13 January 2020, no such programme, sponsored or otherwise remains in existence.
IMPORTANT DATES AND TIMES FOR THE REMOVAL OF LISTING
Shareholders are accordingly advised to take note of the following dates in respect of the Removal of
Listing:
Event Date
Last day to trade Murray & Roberts Holdings shares off-market (as on-
Tuesday, 13 January 2026
market trading in shares was suspended on 22 November 2024) on:
Record date for the Removal of Listing on
Friday, 16 January 2026
Removal of Listing from the commencement of business on:
Monday, 19 January 2026
Following the Removal of Listing and pending completion of liquidation proceedings, Shareholders will
remain shareholders in an unlisted entity, and any further communications to creditors or Shareholders
will be managed by Mr Theo van den Heever, in his capacity as the Company's provisional liquidator
("Provisional Liquidator"), in accordance with applicable provisions of the Companies Act, 71 of 2008
and Insolvency Act, 34 of 1936. Any further updates in respect of the Company will be communicated by
the Provisional Liquidator, in due course.
STATUS OF MURRAY & ROBERTS LIMITED
The Company confirms that the business rescue proceedings in respect of MRL, being a separate legal
entity to the Company, remain ongoing. The business rescue proceedings are not affected by the
Removal of Listing and will continue to be administered independently under the supervision of the
business rescue practitioners appointed in connection with this purpose.
FINAL NOTE TO SHAREHOLDERS
The Company wishes to express its sincere gratitude to Shareholders for their longstanding support and
engagement throughout the course of its listing on the JSE. The Board and management acknowledge
and appreciate the contribution of Shareholders to the Company's history and legacy over many years of
its existence.
23 December 2025
SPONSOR:
The Standard Bank of South Africa Limited
INVESTOR RELATIONS:
morne.reinders@murrob.com
WEBSITE:
www.murrob.com
Date: 23-12-2025 11:25:00
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