WESCOAL HOLDINGS LIMITED - Finalisation announcement regarding the change of name

Finalisation announcement regarding the change of name

WESCOAL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: WSL
ISIN: ZAE000069639
(“Wescoal” or the “Company”)

FINALISATION ANNOUNCEMENT REGARDING THE CHANGE OF NAME

Wescoal shareholders are referred to the results of general meeting announcement released on SENS on 9 March
2022 wherein Wescoal shareholders were advised that the change of name of Wescoal to “Salungano Group Limited”
(the “Change of Name”) was approved by the requisite number of shareholders.

Wescoal shareholders are now advised that the Company has received confirmation from the Companies and
Intellectual Property Commission that the special resolution for the Change of Name has been registered.

The salient dates for the Change of Name remain as follows:

                                                                                                             2022
     Last date to trade shares prior to the Change of Name                                        Tuesday, 5 April
     
     Termination date for trading under the Name of “Wescoal Holdings Limited”                  Wednesday, 6 April
     and commencement of trading under the new name of “Salungano Group
     Limited”, with an abbreviated name of “Salungano”, under the JSE share code
     “SLG” and ISIN ZAE000306890
     
     Record date for the Change of Name                                                            Friday, 8 April
     
     Expected date that the accounts of dematerialised shareholders with their                    Monday, 11 April
     CSDP’s or brokers will be updated with the new name
     
     Expected date that previously certificated shareholders will have their                      Monday, 11 April
     entitlements credited to their account with Computershare Nominees (Pty) Ltd


Notes:

    1.   All dates and times indicated above are Sotuh African Standard Time.
    2.   Share certificates may not be dematerialised or rematerialised after the last day to trade shares prior to the
         Change of Name, being Tuesday, 5 April 2022.
    3.   Shareholders are reminded that shares in companies listed on the JSE can no longer be bought or sold on the
         JSE unless they have been dematerialised onto the Strate system. It is therefore suggested that certificated
         shareholders should consider dematerialising their shares and replacing them with electronic records of
         ownership. Therefore, certificated shareholders who have not yet appointed a CSDP or broker will have their
         new Salungano Group Limited shares credited to Computershare Nominees (Pty) Ltd pending receipt of such
         information by the transfer secretaries, together with their documents of title.


Johannesburg
29 March 2022

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 29-03-2022 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.