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Hwange Colliery Company Limited - Renewal Of Cautionary

Release Date: 18/08/2016 08:00:00      Code(s): HWA     
HWANGE COLLIERY COMPANY LIMITED
(Incorporated in Zimbabwe under registration number 381/1954)
ZSE Share Code: HCCL.ZW ISIN: ZW0009011934
JSE Share Code: HWA ISIN: ZW0009011934
LSE Share Code: HWA ISIN: ZW0009011934

Notice To Shareholders And Further Cautionary Statement

Postponement of Scheme Meetings
Pursuant to the granting of the High Court Order authorising the Company
to convene meetings for secured and concurrent creditors, the Chairman of
the Scheme, Mr Andrew Lawson postponed the Scheme Meetings. The Creditors
and Shareholders of Hwange Colliery Company Limited are hereby advised
that the scheme meeting will be held at a later date, time and venue as
the Scheme Chairperson shall notify the Creditors.

Further Cautionary
Further to the previous cautionary announcements relating to the Company
being engaged in discussions that may lead to transactions which may have
an impact on the share price, Shareholders are advised that discussions
referred therein are still in progress. In the interim, the Company is
engaging its creditors for a mutually acceptable debt management plan.
Pending finalisation of these discussions, Shareholders and members of the
Public are advised to exercise caution when dealing in the Company?s
shares and to consult their professional advisers before dealing in the
Company?s shares.

By order of the Board


A. MASIYA
HEAD, LEGAL & COMPANY SECRETARY
18 August 2016


Johannesburg
Sponsor: Sasfin Capital
(A Division of Sasfin Bank Limited)

Financial Advisor
CBZ Holdings

Sponsoring Broker
Banc ABC

Legal Advisors
Mawere Sibanda


Directors: W Chitando (Chairman), S T Makore (Managing Director),
W T Kutekwatekwa, N Masuku, J Muskwe, V Vera

www.hwangecolliery.net

Date: 18/08/2016 08:00:00 Supplied by www.sharenet.co.za                     
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