PPC.zw | Further Cautionary Statement

Published: 14 September 2017
Shareholders of PPC ("Shareholders") are referred to the announcement published on SENS on 4 September 2017 wherein Shareholders were advised of additional indicative proposals from two other trade bidders, each in relation to a potential pan-African combination with PPC.

PPC would like to confirm that it has received a non-binding communication of interest from Dangote Cement Plc ("Dangote") with respect to the acquisition of the entire share capital of PPC ("Indicative Proposal"). The Independent Board of PPC is considering the Indicative Proposal and will make a further announcement in due course once it has concluded its consideration of the Indicative Proposal.

The Indicative Proposal, if implemented, may have a material impact on the price of the Company's shares. Accordingly, shareholders are advised to continue exercising caution when dealing in securities of the Company until such time a further announcement is made.



- PPC
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