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Further extension of post commencement finance facility

Published: 2023-07-05 10:30:27 ET
<<<  go to JSE:TON company page
TONGAAT HULETT LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1892/000610/06
Share code: TON
ISIN: ZAE000096541
(“Tongaat Hulett” or “Company”)


FURTHER EXTENSION OF POST COMMENCEMENT FINANCE FACILITY


Shareholders are referred to the announcement released on SENS on 31 March 2023 and
are advised that the business rescue practitioners of the Company have reached an
agreement with the Company’s current funders, to extend the post-commencement funding
facility from 30 June to 21 July 2023. This will allow the Company to deliver on operational
and business rescue requirements while the approval process for longer-term funding is
finalised.

Shareholders will be updated on further developments as and when they arise.

Tongaat
5 July 2023

Sponsor
PSG Capital