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COAL OF AFRICA LIMITED - Update: Recommended offer for Universal Coal Plc - extension of co-operation agreement

Release Date: 18/04/2016 10:30
Code(s): CZA     PDF:  
Wrap Text
Update: Recommended offer for Universal Coal Plc - extension of co-operation agreement

Coal of Africa Limited
(Incorporated and registered in Australia)
Registration number ABN 008 905 388
ISIN AU000000CZA6
JSE/ASX/AIM share code: CZA
(‘CoAL or the ‘Company’)

_________________________________________________________________________________

UPDATE: RECOMMENDED OFFER FOR UNIVERSAL COAL PLC - EXTENSION OF CO-
OPERATION AGREEMENT

_________________________________________________________________________________

Coal of Africa Limited (ASX, AIM and JSE: CZA) (“CoAL”) and Universal Coal Plc (ASX: UNV)
(“Universal”) provide the following update on CoAL’s recommended offer for the entire issued and to be
issued share capital of Universal (the “Offer”).

Unless otherwise defined in this announcement, capitalised terms used in this announcement have the
meaning given to them in the offer document published by CoAL on 21 December 2015 (the “Offer
Document”).

It was announced on 8 April 2016 that CoAL had extended the Offer Period of the Offer, such that the
Closing Date is 29 April 2016.

Pursuant to a Deed of Variation, CoAL and Universal have agreed to amend the terms of the
Cooperation Agreement entered into between the parties in connection with the Offer such that date by
which the Effective Date must have occurred be extended until 29 April 2016 in accordance with the
revised Closing Date, or such other date as the parties may agree.

Enquiries

 CoAL                                                              Telephone: +27 (0)10 003 8000
 David Brown, De Wet Schutte and Celeste Riekert

 Qinisele Resources (Proprietary) Limited (Financial Adviser to    Telephone: +27 (0)11 883 6358
 CoAL)
 Robert Philpot and Dennis Tucker

 Peel Hunt LLP (Nominated Adviser and Broker to CoAL)              Telephone: + 44 (0)20 7418 8900
 Matthew Armitt, Richard Crichton and Ross Allister

 Investec Bank Limited (JSE Sponsor for CoAL)                      Telephone: +27 (0)11 286 7000
 Robert Smith and Tanya Cesare
 
 Tavistock (United Kingdom PR Adviser to CoAL)                     Telephone: +44 20 7920 3150
 Jos Simson and Emily Fenton

 Universal                                                         Telephone: +27 12 460 0805
 Tony Weber and Daryl Edwards

 Arlington Group Asset Management Limited                          Telephone: +44 (0) 207 5010 389
 (Financial Adviser to Universal)
 Richard Greenfield

 APP Securities Pty Limited (Financial Adviser to Universal)       Telephone: +61 2 9226 0036
 Nick Dacres-Mannings

 FCR (PR Adviser to Universal)                                     Telephone: +61 2 8264 1003
 Robert Williams

Date: 18/04/2016 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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