eXtract GROUP LIMITED - Implementation of the Tharisa transaction
EXG 201709220030A
Implementation of the Tharisa transaction
EXTRACT GROUP LIMITED
(previously Eqstra Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
JSE share code: EXG ISIN: ZAE000223202
(“eXtract”)
IMPLEMENTATION OF THE THARISA TRANSACTION
Shareholders are referred to the announcement released on SENS on 11 May 2017 regarding the disposal by
MCC Contracts Proprietary Limited (“MCC”) (a wholly-owned subsidiary of eXtract) of the existing
equipment, strategic components, site infrastructure and spare parts situated at the Tharisa mine
(the “Tharisa assets”) as a going concern as per the announcement (the “Tharisa transaction”).
All conditions precedent to the Tharisa transaction have now been fulfilled. The effective date
for the Tharisa transaction is 1 October 2017 and the net purchase consideration for the
Tharisa assets will be paid in full to MCC on 5 October 2017.
22 September 2017
Joint corporate advisor and sponsor Joint corporate advisor
Java Capital BSM Black
Date: 22/09/2017 12:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
