CONSOLIDATED INFRASTRUCTURE GROUP LIMITED - Notice in terms of section 132 of the Companies Act first report on the status of the business rescue proceedings

Notice in terms of section 132 of the Companies Act – first report on the status of the business rescue proceedings

CONSOLIDATED INFRASTRUCTURE GROUP LIMITED
(in business rescue)
(Incorporated in the Republic of South Africa)
(Registration number 2007/004935/06)
JSE share code: CIL ISIN: ZAE000153888
(“CIG” or “the Company”)


NOTICE TO SHAREHOLDERS IN TERMS OF SECTION 132(3)(a) AND SECTION 132(3)(b) OF THE COMPANIES ACT 71 OF 2008 
(“COMPANIES ACT”) – DISTRIBUTION OF FIRST REPORT ON THE STATUS OF THE BUSINESS RESCUE PROCEEDINGS OF CIG 
(IN BUSINESS RESCUE)


Shareholders are referred to the SENS announcement released on Tuesday, 10 November 2020 wherein shareholders
were advised that the Company had commenced voluntary business rescue proceedings on 9 November 2020.

In accordance with section 132(3)(a) and section 132(3)(b) of the Companies Act, when the business rescue
proceedings of a company have not concluded within 3 months of the date on which they started, a business rescue
practitioner is required to –

1.    prepare a report on the progress of the business rescue, and update it at the end of each month until the 
      end of the business rescue proceedings; and

2.    deliver the report and each update to each affected person and to the Companies and Intellectual Property
      Commission (“CIPC”).

Accordingly, notice is hereby given to the shareholders of the Company that the duly appointed joint business rescue
practitioners of the Company, PF van den Steen and MDT Liebenberg, have prepared and released the first report on
the status of the Company's business rescue proceedings.

The report has been delivered to the CIPC and distributed to all known affected persons via email and via upload to
the Company website. As affected persons, shareholders are able to view the report at www.ciglimited.com, under the
Business Rescue tab.

25 February 2021


Sponsor
Java Capital

Date: 25-02-2021 08:45:00
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