PPC LIMITED - Renewal of cautionary announcement

Renewal of cautionary announcement

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



RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders    of   the   Company   (“Shareholders”)      are   referred   to    the   previous
announcements     released   on   the   Stock   Exchange    News   Service,      including   the
announcement released on 2 December 2020 and the interim results for the 6 months
ended 30 September 2020 released on 8 December 2020, wherein they were advised
that PPC is undertaking a restructuring and refinancing project (“Project”) with
the objective of implementing a sustainable capital structure and improving the
investment prospects of the Group.


PPC is able to report that it continues to make good progress against key milestones
on the Project.


Shareholders are therefore advised to continue exercising caution when dealing in
securities of PPC until the funding arrangements with its respective lenders are
finalised and details of the proposed restructuring and refinancing are published.


Sandton
15 January 2021



Sponsor
Sasfin Capital

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

Date: 15-01-2021 03:00:00
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