SEP 201210190026A
Press Release: Associate Conclude R1.95billion Funding Deal
Sephaku Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/003306/06)
Share code: SEP
ISIN: ZAE000138459
(Sephaku Holdings)
PRESS RELEASE: ASSOCIATE CONCLUDE R1.95BILLION FUNDING DEAL
Sephaku Holdings is pleased to announce that its associate, Sephaku Cement (Proprietary)
Limited (Sephaku Cement), has concluded a ten year funding deal valued at R1.95 billion
with The Standard Bank of South Africa Limited and Nedbank Limited. The agreement effectively
closes the gap in terms of the required capital for Sephaku Cement to be fully prepared for
market entry and to become a significant competitor in wholesale and retail cement trade.
Of the total debt capital raised by Sephaku Cement, just over 50% of total procurement
spend will be invested locally. In addition, the combined plants will create direct employment
opportunity for around 400 local people and up to 3,000 jobs indirectly.
Pretoria
19 October 2012
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