DGAP-Adhoc: ICHOR Coal N.V.: Ichor Coal N.V. announces Sale of Mbuyelo Coal Shares

2019. szeptember 30., hétfő, 16:04





DGAP-Ad-hoc: ICHOR Coal N.V. / Key word(s): Mergers & Acquisitions/Miscellaneous


ICHOR Coal N.V.: Ichor Coal N.V. announces Sale of Mbuyelo Coal Shares


30-Sep-2019 / 16:04 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.




Ichor Coal N.V.: Ichor Coal N.V. announces Sale of Mbuyelo Coal Shares


Ichor Coal N.V. announces the conclusion of a binding agreement to dispose of its entire 45.18% shareholding in Mbuyelo Coal (Pty) Ltd at a purchase consideration of EUR 95m in cash to Africa Coal Partners Limited, an investment holding company set up and managed by Duet Group Holdings Limited.


The management board and the supervisory board unanimously support the disposal of the Mbuyelo shares as announced today.


The sale is still subject to a number of conditions precedent as is customary to a transaction of this nature. Completion of the transaction is expected to occur on or before 31 January 2020.



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



Ichor Coal N.V.



The management (board)



Language: English

Company: Ichor Coal N.V.

2 Bruton Road Block C Nicol Main Office Park

Bryanston 2191,

South Africa

Telefon: +27 (11) 268 11 00

Fax: +27 (11) 268 03 78

E-Mail: info@ichorcoal.com

Internet: www.ichorcoal.com

ISIN: NL0010022307

WKN: A1JQEX

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











30-Sep-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: ICHOR Coal N.V.

30 Jellicoe Avenue

Rosebank

South Africa
Phone: +27 (11) 268 1100
E-mail: johan.myburgh@ichorcoal.com
Internet: www.ichorcoal.de
ISIN: NL0010022307
WKN: A1JQEX
Listed: Regulated Unofficial Market in Frankfurt (Basic Board), Hamburg, Stuttgart
EQS News ID: 882729





 
End of Announcement DGAP News Service




882729  30-Sep-2019 CET/CEST







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