Published: 04 July 2017

Postponement of Scheme Meetings

Pursuant to the granting of the High Court Order authorising the Company to convene meetings for secured and concurrent creditors, the Chairman of the Scheme, Mr Andrew Lawson postponed the Scheme Meetings. The Creditors and Shareholders of Hwange Colliery Company Limited are hereby advised that the scheme meeting will be held at a later date, time and venue as the Scheme Chairperson shall notify the Creditors.

 Further Cautionary

Further to the previous cautionary announcements relating to the Company being engaged in discussions that may lead to transactions which may have an impact on the share price, Shareholders are advised that discussions referred therein are still in progress. In the interim, the Company is engaging its for a mutually acceptable debt management plan.

Pending finalisation of these discussions, Shareholders and members of the Public are advised to exercise caution when dealing in the Company's shares and to consult their professional advisers before dealing in the Company's shares.
- HCC

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