BRIEF-PPC Ltd Says Co To Engage Its SA Lenders To Extend Timing Of Capital Raise

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BRIEF-PPC Ltd Says Co To Engage Its SA Lenders To Extend Timing Of Capital Raise
Credit: © Reuters.

Feb 25 (Reuters) - PPC Ltd PPCJ.J :

* JSE: PPC - RESTRUCTURING AND REFINANCING PROJECT UPDATE AND RENEWAL OF CAUTIONARY ANNOUNCEMENT

* PPC LTD - STRUCTURED SALES PROCESS FOR PPC LIME IS ONGOING, WITH A NUMBER OF NON- BINDING OFFERS RECEIVED AT END OF JANUARY

* PPC- SHAREHOLDERS ADVISED TO EXERCISE CAUTION WHEN DEALING IN SECURITIES OF PPC UNTIL FUNDING ARRANGEMENTS WITH RESPECTIVE LENDERS ARE FINALISED

* PPC LTD - ON PPC LIME, CONTINUES TO TARGET DEAL CERTAINTY BY END OF MARCH 2021.

* PPC LTD - WILL BE FORMALLY ENGAGING WITH ITS SOUTH AFRICAN LENDERS TO EXTEND TIMING OF CAPITAL RAISE BY THREE MONTHS TO END OF JUNE 2021

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