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INTERWASTE HOLDINGS LIMITED - Updated regarding Interwaste's FG Landfill site

Release Date: 20/06/2016 16:49
Code(s): IWE     PDF:  
Wrap Text
Updated regarding Interwaste's FG Landfill site

Interwaste Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/037223/06)
JSE code: IWE
ISIN: ZAE000097903
(“the Company”)

UPDATE REGARDING INTERWASTE’S FG LANDFILL SITE

Shareholders are referred to the announcements released on the Stock Exchange News
Service on 8 June 2016 and 13 June 2016 regarding a compliance notice, issued by the
Gauteng Department of Agriculture and Rural Development (GDARD), which required
the cessation of operations at Interwaste (Pty) Ltd’s FG Landfill site.

Despite the State Attorney’s initial written undertaking that GDARD would not oppose
Interwaste (Pty) Ltd’s urgent application for an order suspending the compliance notice,
the State Attorney advised on Saturday, 18 June 2016, that Interwaste’s application
would be opposed.

Today the High Court issued an order suspending the compliance notice and setting
timeframes for the delivery of court papers by the parties. The application for the urgent
interdict will be heard on 12 July 2016.

Interwaste reiterates that the issue at hand is administrative in nature and is in no way
related to operations at the landfill.

Shareholders will be advised of any further developments.


20 June 2016
Johannesburg

Sponsor
Grindrod Bank

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