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HULISANI LIMITED - Viable Asset Acquisition Unconditional

Release Date: 24/03/2017 11:40
Code(s): HUL     PDF:  
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Viable Asset Acquisition Unconditional

HULISANI LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2015/363903/06)
Share code: HUL ISIN: ZAE000212072
(“Hulisani” or “the Company”)

VIABLE ASSET ACQUISITION UNCONDITIONAL

Shareholders are referred to the SENS announcements, the last of
which was released on 20 March 2017 regarding the proposed
acquisition by Hulisani of an effective 6.67% shareholding in
the Kouga Wind Farm located in the Kouga region of the Eastern
Cape, a round 1, 80 megawatt Renewable Energy Independent Power
Producer Procurement Project (“the Kouga Project”)(“the
Acquisition”).

Hulisani is pleased to announce that all conditions precedent to
the Acquisition have been fulfilled and that the Acquisition has
accordingly been implemented. The Company is now no longer
classified as a Special Purpose Acquisition Company.

Johannesburg
24 March 2017

Sponsor: PSG Capital Proprietary Limited

Date: 24/03/2017 11:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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