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eXtract GROUP LIMITED - Implementation of the Tharisa transaction

Release Date: 22/09/2017 12:25
Code(s): EXG     PDF:  
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Implementation of the Tharisa transaction

 EXTRACT GROUP LIMITED
 (previously Eqstra Holdings Limited)
 (Incorporated in the Republic of South Africa)
 (Registration number 1998/011672/06)
 JSE share code: EXG       ISIN: ZAE000223202
 (“eXtract”)


IMPLEMENTATION OF THE THARISA TRANSACTION


Shareholders are referred to the announcement released on SENS on 11 May 2017 regarding the disposal by
MCC Contracts Proprietary Limited (“MCC”) (a wholly-owned subsidiary of eXtract) of the existing
equipment, strategic components, site infrastructure and spare parts situated at the Tharisa mine 
(the “Tharisa assets”) as a going concern as per the announcement (the “Tharisa transaction”). 
All conditions precedent to the Tharisa transaction have now been fulfilled. The effective date 
for the Tharisa transaction is 1 October 2017 and the net purchase consideration for the 
Tharisa assets will be paid in full to MCC on 5 October 2017.

22 September 2017


Joint corporate advisor and sponsor                            Joint corporate advisor
Java Capital                                                   BSM Black
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