Enhanced Investments - Financial Portal

NUMSA members embark on strike

Published: 2023-07-12 18:01:18 ET

HULAMIN LIMITED
Incorporated in the Republic of South Africa
(Registration number 1940/013924/06)
ISIN: ZAE000096210
JSE Code: HLM
(“Hulamin” or the “Company”)


NUMSA MEMBERS EMBARK ON STRIKE


Hulamin advises shareholders that certain employees of the Company, affiliated with the National Union
of Metalworkers of South Africa (“NUMSA”), embarked on a strike on 10 July 2023 (“the Strike”).

The Strike has arisen due to a dispute on two matters relating to employee benefits. The view of the
Company is that employee benefits cannot be negotiated outside of a full agreement which includes all
substantial issues that make up employment cost.

Hulamin is willing to engage at any time on a complete agreement that is compliant with the Labour
Relations Act, 66 of 1995.

Shareholders will be updated as required on developments relating to the Strike.

Pietermaritzburg
12 July 2023

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.