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ICHOR Coal N.V.: Update on Sale of Mbuyelo Coal Shares

·1-min read

ICHOR Coal N.V. / Key word(s): Statement/Miscellaneous
ICHOR Coal N.V.: Update on Sale of Mbuyelo Coal Shares

29-Jan-2021 / 15:54 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Update on Sale of Mbuyelo Coal Shares

Shareholders are referred to the announcement released on DGAP on 30 September 2019 whereby Ichor Coal N.V. (Ichor) announced the conclusion of a binding agreement to dispose of its entire 45.18% shareholding in Mbuyelo Coal (Pty) Ltd. (Mbuyelo) to Africa Coal Partners Limited (ACP), an investment holding company set up and managed by Duet Group Holdings Limited.

Shareholders are advised that the above-mentioned binding agreement has terminated, and that Ichor and ACP today ceased all discussions in relation to such transaction.

Ichor is continuing to actively pursue the disposal of its shareholding in Mbuyelo.

This announcement contains information that qualifies as inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

The Management Board

29-Jan-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

ICHOR Coal N.V.

2 Bruton Road

2191 Bryanston

South Africa

Phone:

+27 (10) 30009999

E-mail:

linda.damons@ichorcoal.com

Internet:

www.ichorcoal.de

ISIN:

NL0010022307

WKN:

A1JQEX

Listed:

Regulated Unofficial Market in Frankfurt (Basic Board), Hamburg, Stuttgart

EQS News ID:

1164535


 

End of Announcement

DGAP News Service

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