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Metmar - finalisation announcement
Metmar shareholders are referred to the announcement released on SENS on Wednesday, 30 September 2015 providing an update on progress in the finalisation of the cash offer by Traxys to acquire all the issued shares of Metmar by way of a scheme of arrangement in terms of section 114 of the Companies Act 71 of 2008, as amended, (the "Scheme").
Metmar shareholders are advised that the previously outstanding conditions precedent pertaining to the Scheme, being receipt of JSE approval for the delisting of Metmar's shares and the issuance of a compliance certificate by the Takeover Regulation Panel in relation to the Scheme, have been fulfilled and accordingly the Scheme is now unconditional. Metmar shareholders are further advised that the important dates and times pertaining to the Scheme set out in the SENS announcement of Wednesday, 30 September 2015 remain unchanged.
Traxys responsibility statement
Traxys (to the extent that the information relates to Traxys) accepts responsibility for the information contained in this announcement and, to the best of its knowledge and belief, confirms that the information is true and this announcement does not omit anything likely to affect the importance of the information included.
Independent board responsibility statement
The independent board of Metmar established to consider the Scheme (to the extent that the information relates to Metmar) accepts responsibility for the information contained in this announcement and, to the best of its knowledge and belief, confirms that the information is true and this announcement does not omit anything likely to affect the importance of the information included.
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