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24/02/2012 : 14:00:04
ASR - Assore - Unconditionality of Phase II of Assore`s Third Empowerment
Posted Fri, 24 Feb 2012

ASR ASR ASR - Assore - Unconditionality of Phase II of Assore`s Third Empowerment Transaction Assore Limited (Incorporated in the Republic of South Africa) (Registration number 1950/037394/06 Share code: ASR ISIN: ZAE000146932 ("Assore") UNCONDITIONALITY OF PHASE II OF ASSORE`S THIRD EMPOWERMENT TRANSACTION Shareholders of Assore ("Shareholders") are referred to the circular dated Wednesday, 14 December 2011 ("the Circular") relating to Phase II of Assore`s Third Empowerment Transaction. The terms used in this announcement are those as defined in the Circular. Shareholders are advised that, following the approval of all the special and ordinary resolutions relating to the implementation of Phase II of the Third Empowerment Transaction at the general meeting of Shareholders held on Thursday, 19 January 2012, all remaining conditions precedent in respect of the Third Empowerment Transaction, as set out in the Circular, have now been met. Accordingly, Assore has issued the Assore Preference Shares as contemplated in the Circular, and the loan provided under the Facility Agreement has been repaid. Johannesburg 24 February 2012 Investment bank and sponsor to Assore The Standard Bank of South Africa Limited Attorneys to Assore Webber Wentzel Attorneys Date: 24/02/2012 14:00:04 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.


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