REMAINING DATES AND TIMES PERTAINING TO THE SCHEME OF ARRANGEMENT PROPOSED
BY MURRAY & ROBERTS LIMITED
Further to the announcement on 15 May 2006, shareholders are advised that the
Competition Tribunal unconditionally approved the acquisition by Murray &
Roberts Limited ("Murray & Roberts") of the entire issued share capital of
Concor on 14 June 2006. This was the only remaining condition precedent
pertaining to the scheme of arrangement proposed by Murray & Roberts, a
wholly-owned subsidiary of Murray & Roberts Holdings Limited, between Concor and
its shareholders, other than Mexican Wave Investments (Pty) Limited ("Mexican
Wave"), in terms of which Murray & Roberts will acquire all the shares in the
issued share capital of Concor, other than those already held by Mexican Wave
("scheme"). The scheme is therefore unconditional.
Concor shareholders are advised of the salient dates and times relating to
the final implementation of the scheme set out in the table below:
| |
2006 |
| Last day to trade in Concor shares in order to be recorded in
the register on the record date on |
Friday 23 June |
| Date of suspension of listing of Concor shares on the JSE
Limited ("JSE") at commencement of trading on |
Monday 26 June |
| Record date on which Concor shareholders must be recorded in the
register in order to receive the scheme consideration on |
Friday 30 June |
| Date on which the scheme consideration will be posted or
transferred (as the case may be) to certificated scheme participants (if
documents of title are received on or prior to the record date) or, failing
receipt of documents of title on or before the record date, within five business
days of receipt thereof by the transfer secretaries, from |
Monday 3 July |
Date on which the dematerialised scheme participants
will have their accounts at their CSDP or broker
credited with the scheme consideration on |
Monday 3 July |
| Date of termination of listing of Concor shares on the JSE at
the commencement of trading on |
Tuesday 4 July |
Note:
1. Share certificates may not be dematerialised or rematerialised after
Friday 23 June 2006.
Johannesburg
15 June 2006
Independent advisor and lead sponsor to Concor
Bridge Capital
Legal advisors to Concor
Sonnenberg Hoffmann Galomik
Joint sponsor to Concor
Investec Bank Limited
(Registration number 1969/004763/06)
Financial advisor and lead sponsor to Murray & Roberts
ABSA Capital
A division of ABSA Bank Limited
Reg no 1986/004794/06
Joint sponsor to Murray & Roberts
Merrill Lynch
Global Markets & Investment Banking Group
Merrill Lynch South Africa (Pty) Ltd
Registration number 1995/001805/07
Registered Sponsor and Member of the JSE Limited
Attorneys to Murray & Roberts
Michael Krawitz & Co.
Werksmans Incorporated
(Reg No. 1990/007215/21)
Date: 15/06/2006 12:46:03 PM Supplied by www.sharenet.co.za
Produced by the JSE SENS Department |
