BRIEF-Ecsponent Says MyBucks' 2Nd Phase Of Financial Restructuring
June 25 (Reuters) - Ecsponent Ltd ECSJ.J :
* JSE: ECS - ECSE1 - MYBUCKS' 2ND PHASE OF ITS FINANCIAL RESTRUCTURING, DISPOSAL OF MHMK CAPITAL & B-BBEE ANNUAL COMPLIANCE REPORT
* ECSPONENT LTD - EXTERNAL DEBT REDUCED BY C. EUR26.5M
* ECSPONENT LTD - THAT MYBUCKS S.A. ("MYBUCKS") COMPLETED ITS SECOND PHASE OF FINANCIAL RESTRUCTURING
* ECSPONENT LTD - TOTAL CASH CONSIDERATION FOR DISPOSAL BY ECS SA OF ITS SHARES AND CLAIMS IN MHMK CAPITAL WILL TAKE EFFECT FROM 24 JUNE 2020
* ECSPONENT LTD - ECSPONENT SOUTH AFRICA PROPRIETARY LIMITED ("ECS SA") DISPOSED OF ITS 70% INTEREST IN MHMK CAPITAL PROPRIETARY LIMITED
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