HWANGE COLLIERY COMPANY LIMITED - Board notice - suspension of MD and withdrawal of cautionary

Release Date: 18/05/2018 08:00
Code(s): HWA
 
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Board notice - suspension of MD and withdrawal of cautionary

Hwange Colliery Company Limited
Incorporated in Zimbabwe under registration number 381/1954
ZSE Share Code: HCCL.
ZW ISIN: ZW0009011934
JSE Share Code: HWA
ISIN: ZW0009011934
LSE Share Code: HWA
 ISIN: ZW0009011934


Board Announcement – Withdrawal Of Cautionary

Hwange Colliery Company Limited (“the Company”) would like to advise all its stakeholders and
members of the public that the Company has suspended the Managing Director, Engineer Stenjwa
Thomas Makore effective Monday 14th of May 2018. The suspension is pending a disciplinary hearing
whose outcome shall be communicated to stakeholders in due course.

All stakeholders are further advised that during his suspension, Engineer Makore is not authorised to
transact or conducted or conduct any business on behalf of the Company.

In the interim, the Company has appointed Engineer, Shepard Manamike to be Acting Managing
Director effective the 15th of May 2018 until further notice.

To this effect, the Company advises Shareholders that the cautionary statement published on 15 May
2018 is hereby withdrawn.




Registered office:
Hwange Colliery Company Limited
17 Nelson Mandela Avenue
7th floor, Coal House.
P.O.Box 2870 Harare
Zimbabwe.
Tel: +263 4 781985/7 773900.

Email: pacosec@hwangwecolliery.co.zw

By order of the Board
J.MUSKWE (Mrs)
Acting Chairperson

Harare
18 May 2018

Sponsor: Sasfin Capital (a member of the Sasfin group)

Directors: Mrs J Muskwe (Acting Chairperson), S T Makore (Managing), Mrs N Masuku, V Vera, E Tome
www.hwangecolliery.net

Date: 18/05/2018 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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