BUILDMAX LIMITED - Fullfilment of conditions precedent
BDM 201709110012A
Fullfilment of conditions precedent
BUILDMAX LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1995/012209/06)
Share Code: BDM
ISIN Code: ZAE000167318
(“Buildmax”)
FULFILMENT OF CONDITIONS PRECEDENT FOR THE DISPOSAL BY BUILDMAX
AGGREGATES AND QUARRIES (PTY) LTD ("BAQ") OF MINING RIGHTS AND RELATED
PROPERTIES TO RAUMIX AGGREGATES (PTY) LTD ("RAUMIX"),
Shareholders are referred to the SENS announcement issued on 10 July 2015 and the “Notice
of Annual General Meeting 2015” dated 31 August 2015 which incorporated a category one
circular disclosure relating to the disposal by Buildmax, through its wholly-owned subsidiary,
BAQ, of its interests in certain mining rights ("Mining Rights") and related properties to Raumix.
Shareholders are hereby advised that Ministerial consent to the cession and transfer of the
Mining Rights in terms of section 11 of the Mineral and Petroleum Resources Development Act,
No. 28 of 2002, as amended from time to time, has been obtained.
Accordingly, all conditions precedent to the sale of the Mining Rights have been fulfilled and the
sale is now unconditional.
Benoni
11 September 2017
Sponsor to Buildmax
Sasfin Capital (a member of the Sasfin group)
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