PHUMELELA GAMING & LEISURE LIMITED - Notice to consult in terms of section 150(1) of the Companies Act 71 of 2008

Notice to consult in terms of section 150(1) of the Companies Act 71 of 2008

Phumelela Gaming & Leisure Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/016610/06)
Share code: PHM ISIN: ZAE000039269
(“Phumelela” or “the Company”)


NOTICE TO CONSULT IN TERMS OF SECTION 150(1) OF THE COMPANIES ACT 71 OF
2008


1.     Shareholders are referred to the announcement released on SENS on 15 June 2020,
       wherein they were advised of the approval for an extension of time from creditors to
       publish the business rescue plan to 31 July 2020.

2.     Notice is hereby given that the Business Rescue Practitioner of the Company, John
       Evans, will consult with shareholders on Friday, 10 July 2020, at 14h00 using electronic
       means on Zoom.

3.     Shareholders wishing to participate in this electronic consultation meeting should
       contact the company secretary, Ms Freda Moloi, by email at fredam@phumelela.com
       with their details by no later than Thursday, 9 July 2020 at 17h00. The company
       secretary is obliged to validate such requests and confirm the identity of the
       shareholder and thereafter, if validated, provide the link for the electronic consultation.

4.     AGENDA FOR THE MEETING:

     4.1       To consult with the Business Rescue Practitioner regarding the development
               of a business rescue plan; and
     4.2       To seek approval of the additional fees of the Business Rescue Practitioner.

5.     Shareholders will be required to vote using the attached voting proxy.




Johannesburg
02 July 2020

Sponsor: Investec Bank Limited
                                   
Date: 02-07-2020 05:04:00
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.