04 NOVEMBER 2013
Metair Circular - 4 November 2013 - One Capital
31 OCTOBER 2013
Pro forma financial effects, supplementary information and withdrawal
of cautionary in relation to Metair's proposed acquisition in Turkey
Press Release Mutlu AKÜ Acquisition 10 October 2013
18 MARCH 2013
To view video featuring Metair Electric (Battery) Powered Car ( MP4 - 38.3 MB)
AND ANALYST FEEDBACK SESSION - METAIR ACQUISITION OF MUTLU AKÜ TURKEY
A live audiocast and teleconference of the results presentation will commence at 10:00 on Friday, 11 October 2013, details below.
Should you wish to join the call, please dial:
South Africa – Johannesburg 011
535 3600 or 010 201 6800
South Africa - Cape Town 021 819 0900
UK (Toll-free) 0808 162 4061
USA and Canada (Toll-free) 1 800 921 0864
Other Countries (Intl. Toll) +27 11 535 3600 or +27 10 201 6800
Investors and analysts are referred to the announcement by the Company on the Stock Exchange News Service earlier today, 10 October 2013, with regards to the proposed acquisition by the Company of, inter alia, 100% of Mutlu Holding, which owns 75% of the Borsa Istanbul listed Mutlu Aku (“Transaction”).
Mutlu Aku is the leading lead-acid battery manufacturer and distributor in Turkey and the Middle East and holds controlling interests in Plastik, Izabe and Metropol, which provide support to Multu Aku’s battery manufacturing businesses.
The consideration for the Transaction is an amount of R2.17 billion excluding the amounts pertaining to the acquisition of the remaining Plastik shares and Metair’s commitments in terms of a mandatory tender offer, which is required to be extended to the remaining shareholders of Mutlu Aku pursuant to Turkish laws and regulations.
Shareholders are advised that the Company will be hosting a teleconference at 10h00 (SA time) on 11 October 2013 to provide investors and analysts with additional background on the Transaction and an opportunity to participate in a question and answer session with Metair management. The call will be hosted by Theo Loock (Managing Director: Metair), Brian Jacobs (Financial Director: Metair) and Dr Louis Denner (Managing Director: First National Battery).