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CONDUIT CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/017351/06)
Share code: CND ISIN: ZAE000073128
(“Conduit Capital” or “the Group”)
DISPOSAL OF CRIH AND CLL: ADDENDUM TO AGREEMENT
Shareholders are referred to the announcements released on SENS on:
- 24 May 2023 (and using the terms defined therein unless otherwise stated) wherein shareholders were
advised that Conduit Capital and its wholly-owned subsidiary, Copper Sunset Trading 186 Proprietary
Limited (“Copper Sunset”), have entered into an Agreement with TMM Holdings Proprietary Limited
(“TMM”), an unrelated third party, to dispose of the “Sale Interest” to TMM for an aggregate cash purchase
price of R55 million (“Disposal”);
- 30 June 2023 wherein shareholders were advised that the parties to the Agreement (“Parties”) have
entered into an addendum thereto to extend the date of fulfilment of the suspensive conditions of the
Disposal (“Conditions”) from 1 July 2023 to 1 August 2023; and
- 28 July 2023 wherein shareholders were advised that the Parties have entered into an addendum thereto
to extend the date of fulfilment of the Conditions from 1 August 2023 to 1 September 2023.
Shareholders are hereby advised that the Parties have entered into a further addendum to the Agreement to
extend the date of fulfilment of the Conditions to 30 September 2023.
Cape Town
28 August 2023
Sponsor
Merchantec Capital
