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SALUNGANO GROUP LIMITED - Renewal of Cautionary Announcement

Release Date: 16/02/2024 16:00
Code(s): SLG     PDF:  
Wrap Text
Renewal of Cautionary Announcement

SALUNGANO GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: SLG  ISIN: ZAE000306890
("Salungano Group" or "the Company")


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the cautionary announcement released on SENS on 25 August 2023, the
subsequent renewals thereof, the last of which was dated 5 January 2024, and to the announcement released
on SENS on 5 September 2023 (and using the terms defined therein unless otherwise stated), wherein
shareholders were advised that, inter alia, Wescoal Mining, a wholly-owned subsidiary of the Company, had
commenced a voluntary business rescue process in terms of Section 129(1) of the Companies Act.

As the business rescue process may have a material effect on the price of Salungano Group's securities,
shareholders are advised to continue to exercise caution when dealing in the Company's securities until a
further announcement is made.


Johannesburg
16 February 2024

Sponsor
Merchantec Capital

Date: 16-02-2024 04:00:00
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