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Closure of Sun International Hotels and Casinos: National Lockdown
SUN INTERNATIONAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/007528/06)
Share code: SUI
ISIN: ZAE000097580
LEI: 378900835F180983C60
("Sun International" or "the Company")
CLOSURE OF SUN INTERNATIONAL HOTELS AND CASINOS: NATIONAL LOCKDOWN
Shareholders are referred to the announcement made by the State President on Monday, 23 March
2020 declaring a nationwide lockdown with effect from midnight on Thursday, 26 March 2020 until
midnight on Thursday, 16 April 2020, in an attempt to curb the spread of the Coronavirus pandemic.
Following the Company’s announcement on SENS on Tuesday, 17 March 2020, regarding the closure
of its operations in Latam until Sunday, 29 March 2020 and the subsequent announcement by the
President of the nationwide lockdown, Sun International will be closing all of its hotels and casinos at
various times today until the end of the lockdown period.
During the lockdown period, the group will operate on a limited staff basis, with only a handful of key
and essential personnel remaining on the premises to ensure the general maintenance and security
thereof. We have engaged with our union, employees, suppliers, service providers and concessionaires
and significant action is being taken to reduce costs during the lockdown.
While Sun International continues to engage with its various lenders to ensure that its credit facilities
are maintained, the full financial impact of the Coronavirus on the Company will only be able to be
determined once the lockdown has been uplifted and its ramifications properly assessed. Shareholders
will be kept apprised of developments in this regard.
Notwithstanding these extraordinary and uncertain times, the board and management of Sun
International remain fully committed to ensuring the future viability and sustainability of the group and
are taking every reasonable step to minimise the impact on our employees, suppliers and business
partners.
Johannesburg
24 March 2020
Sponsor to Sun International
INVESTEC BANK
Date: 24-03-2020 02:20:00
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