CONDUIT CAPITAL LIMITED - Disposal of CRIH and CLL: Addendum to Agreement

Disposal of CRIH and CLL: Addendum to Agreement

CONDUIT CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/017351/06)
Share code: CND     ISIN: ZAE000073128
(“Conduit Capital” or “the Group”)

DISPOSAL OF CRIH AND CLL: ADDENDUM TO AGREEMENT


 Shareholders are referred to the announcements released on SENS on:

 -   24 May 2023 (and using the terms defined therein unless otherwise stated) wherein shareholders were
     advised that Conduit Capital and its wholly-owned subsidiary, Copper Sunset Trading 186 Proprietary
     Limited (“Copper Sunset”), have entered into an Agreement with TMM Holdings Proprietary Limited
     (“TMM”), an unrelated third party, to dispose of the “Sale Interest” to TMM for an aggregate cash purchase
     price of R55 million (“Disposal”); and

 -   30 June 2023 wherein shareholders were advised that the parties to the Agreement (“Parties”) have
     entered into an addendum thereto to extend the date of fulfilment of the suspensive conditions of the
     Disposal (“Conditions”) from 1 July 2023 to 1 August 2023.

 Shareholders are hereby advised that the Parties have entered into a further addendum to the Agreement to
 extend the date of fulfilment of the Conditions to 1 September 2023.

Cape Town
28 July 2023

Sponsor
Merchantec Capital

Date: 28-07-2023 05:00:00
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