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MTN ZAKHELE FUTHI (RF) LIMITED - Further cautionary regarding the impact on MTNZFs liquidity

Release Date: 06/08/2020 08:30
Code(s): MTNZF     PDF:  
Wrap Text
Further cautionary regarding the impact on MTNZF’s liquidity

MTN Zakhele Futhi (RF) Limited
(Incorporated in the Republic of South Africa)
(Date of incorporation: 21 June 2016)
(Registration number: 2016/268837/06)
JSE share code: MTNZF
ISIN: ZAE000279402
LEI: 378900429C4F73B1BE74
(“MTNZF” or the “Company”)

Further cautionary regarding the impact on MTNZF’s liquidity following MTN Group Limited’s
announcement that no interim dividend will be paid

Further to the cautionary announcement dated 3 August 2020, MTNZF shareholders are advised that
the discussions with MTN Group Limited (“MTN”) have progressed and MTN has advised that it will
support MTNZF with funding in the amount of R15 million. This funding will resolve MTNZF’s current
liquidity shortfall, subject to agreement on the terms and conditions including all required approvals,
if any. Accordingly, MTNZF shareholders are advised to continue exercising caution until a full
announcement is made when dealing in MTNZF ordinary shares, as the current liquidity shortfall
may have a material effect on the price of MTNZF’s ordinary shares.


Johannesburg
6 August 2020

JSE Sponsor:
Tamela Holdings Proprietary Limited




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Date: 06-08-2020 08:30:00
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