Clover Scheme: update on Competition Tribunal hearing
CLOVER INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
(Registration number : 2003/030429/06)
JSE Ordinary Share code: CLR
NSX Ordinary Share code: CLN
CLOVER SCHEME: UPDATE ON COMPETITION TRIBUNAL HEARING
Shareholders are referred to the Stock Exchange News Service (“SENS”) announcements relating to
the acquisition by Milco SA Proprietary Limited of all the issued shares in Clover (“Clover Scheme”),
the last of which was released on SENS on 4 September 2019.
Shareholders were advised, in the SENS announcement released on 4 September 2019, that the
further Competition Tribunal hearing in relation to the Clover Scheme had been set down for
yesterday, 9 September 2019. Shareholders are advised that, while the hearing progressed during the
course of the day, it was not finalised yesterday. Accordingly, the matter has been set down to
continue next Monday, 16 September 2019.
10 September 2019
Sponsor to Clover
Rand Merchant Bank (A division of FirstRand Bank Limited)
NSX Sponsor to Clover
Merchantec Capital Namibia
Date: 10/09/2019 04:00:00
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.
Email this JSE Sens Item to a Friend.