PPC LIMITED - Response to Media Speculation regarding Sale of PPC Zimbabwe

Response to Media Speculation regarding Sale of PPC Zimbabwe

PPC Limited
(Incorporated in the Republic of South Africa)
(Company registration number 1892/000667/06)
JSE ISIN: ZAE000170049
JSE code: PPC ZSE code: PPC
(“PPC” or “the Company”)


RESPONSE TO MEDIA SPECULATION – SALE OF PPC ZIMBABWE LIMITED


PPC notes the recent media speculation regarding the possible sale of its subsidiary, PPC Zimbabwe.
PPC regularly receives unsolicited approaches for various parts of its businesses, including PPC
Zimbabwe, from a wide range of parties. PPC’s Board has a duty to assess any such approaches on
their respective merits and in line with its commitment to safeguard and enhance value for
stakeholders. Any material developments on these unsolicited approaches will be shared with the
market via official channels, as required by applicable regulations.

PPC Zimbabwe forms an integral part of PPC’s Southern Africa footprint, and the business continues
to focus on providing customers with high quality cement to support the development of Zimbabwe.

Sandton
07 February 2023

Sponsor
Questco Corporate Advisory Proprietary Limited

Financial Communications Advisor:
Instinctif Partners
Louise Fortuin
Mobile: +27 71 605 4294

Date: 07-02-2023 02:59:00
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.