W G WEARNE LIMITED - Update on the disposal of Muldersdrift Property

Update on the disposal of Muldersdrift Property

W G WEARNE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005983/06)
(Share Code: WEA ISIN Code: ZAE000078002)
(“Wearne” or “the Company” or “the Group’’)

Update on the disposal of Muldersdrift Property

Shareholders are referred to the SENS announcement dated 22 January 2020 and 5
December 2019 regarding the Transactions that Wearne and its subsidiary Wearne
Aggregates (Pty) Limited entered into with Drift Supersand (Pty) Ltd. In this announcement
words have the same meanings as defined in the said announcement.

Shareholders are advised that the fulfilment of the conditions precedent to the Sale of
Property Agreement have been extended due to administrative and logistical impact of
Covid-19.

Shareholders will be kept up to date in this regard.




Randfontein
16 July 2020


Designated adviser
Exchange Sponsors

Date: 16-07-2020 10:12:00
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.