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Renergen - scheme of arrangement update
The written consent to the transfer of Renergen Shares in terms of the Offer has been obtained from the Industrial Development Corporation of South Africa and the United States International Development Finance Corporation and accordingly that the relevant Offer Condition set out in paragraph 5.2.1.1 of the Circular has now been fulfilled.
The parties remain confident that the remaining Conditions will be fulfilled (or, where applicable, waived) in due course and therefore the parties have agreed to extend the deadline for the fulfilment of the remaining Conditions proactively to 30 January 2026,.
Once the remaining Conditions have been fulfilled (or if applicable waived), Renergen and ASPI will announce the updated salient dates and times for the Scheme on SENS and on the ASX.
With reference to the ASPI Funding Arrangements, it is confirmed that the date for Renergen's repayment of the funding advanced to it, has been extended by agreement between the parties, in terms of the Loan Agreement, to 30 January 2026.
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