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RENERGEN LIMITED - Safety Measures in Response to Novel Coronavirus

Release Date: 18/03/2020 08:50
Code(s): REN     PDF:  
Wrap Text
Safety Measures in Response to Novel Coronavirus

RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
(“Renergen” or “the Company”)

SAFETY MEASURES IN RESPONSE TO NOVEL CORONAVIRUS

Emerging domestic natural gas and helium producer Renergen wishes to inform investors of the
steps being taken to protect staff and limit interruptions to the development of the Virginia Gas
Project.
On Sunday the 15th of March 2020, President Cyril Ramaphosa declared the COVID 19
outbreak in South Africa a national disaster, allowing the government to begin taking measures
in countering the virus at an early stage whilst confirmed cases are still only at 62 as of the 17th
of March 2020.
The Company is taking swift and decisive measures to limit the impact of the virus to staff,
which include:

   •   From the 18th of March, all staff in the Johannesburg office will be working from home in
       self isolation;
   •   IT systems have been prepared and tested to ensure continuity of communication and
       seamless interaction between staff members;
   •   Staff at the operations are now observing measures to limit possible contact with other
       staff members;
   •   Significant emphasis on personal hygiene with no physical contact allowed where
       practical;
   •   No public transport is permitted;
   •   No meetings in person, all meetings are now over internet; and
   •   All non-essential staff at the plant have been placed on special leave.
At present, the impact of the virus has not yet resulted in any substantial delays to either the
fabrication of the liquefaction equipment, nor to the construction of the pipeline. We will continue
to monitor this and update investors as the situation develops.
The Company extends its heartfelt sympathy to all those who have lost loved ones to this virus,
and wishes everyone well in these challenging times ahead.

Johannesburg
18 March 2020

Designated Advisor
PSG Capital

For Australian Investors & Media, contact Citadel-MAGNUS
Cameron Gilenko, 0466 984 953
Tom Kohlen, 0419 953 526

To readers reviewing this announcement on the Stock Exchange News Service (SENS), this
announcement may contain graphics and/or images which can be found in the PDF version
posted on the Company’s website.

www.renergen.co.za

Date: 18-03-2020 08:50:00
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