Enhanced Investments - Financial Portal

Notice to shareholders regarding the monthly report on the status of the business rescue proceedings of the company

Published: 2024-04-04 13:30:23 ET

TONGAAT HULETT LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1892/000610/06
Share code: TON
ISIN: ZAE000096541
(“Tongaat Hulett” or “Company”)


NOTICE TO SHAREHOLDERS REGARDING THE MONTHLY REPORT ON THE STATUS
         OF THE BUSINESS RESCUE PROCEEDINGS OF THE COMPANY


Shareholders are referred to the SENS announcement released on 27 October 2022, wherein
the Company advised that it had commenced voluntary business rescue proceedings, and the
subsequent announcements in relation to such business rescue proceedings.

In accordance with section 132(3)(a) and section 132(3)(b) of the Companies Act 71 of 2008
(“Companies Act”), when the business rescue proceedings of a company have not been
concluded within three months of the date on which they commenced, the business rescue
practitioners (“BRPs”) are required to:

•   prepare a report on the progress of the business rescue proceedings, and update it at the
    end of each subsequent month until the end of the business rescue proceedings; and

•   deliver the report and each update to each affected person and to the Companies and
    Intellectual Property Commission.

The March 2024 report (being the fifteenth report) has been published and is available on the
Company’s website, under the ‘Business Rescue’ tab, and accessible to shareholders via the
link: https://www.tongaat.com/business-rescue/.


4 April 2024

Sponsor
PSG Capital

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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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.