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W G WEARNE LIMITED - Update on the disposal of Muldersdrift Quarry business, Property and Mining right

Release Date: 22/01/2020 12:40
Code(s): WEA     PDF:  
 
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Update on the disposal of Muldersdrift Quarry business, Property and Mining right

W G WEARNE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005983/06)
(Share Code: WEA ISIN Code: ZAE000078002)
(“Wearne” or “the Company” or “the Group’’)

Update on the disposal of Muldersdrift Quarry business, Property and Mining right

Shareholders are referred to the SENS announcement dated 5 December 2019 regarding
the Transactions that Wearne and its subsidiary Wearne Aggregates (Pty) Limited entered
into with Drift Supersand (Pty) Ltd.
In this announcement words have the same meanings as defined in the said announcement.

Shareholders are advised that the Sale of Business Agreement and Lease Agreement are
unconditional in all respects and have been implemented.



Randfontein
22 January 2020


Designated adviser
Exchange Sponsors

Date: 22-01-2020 12:40:00
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