CONSOLIDATED INFRASTRUCTURE GROUP LIMITED
(in business rescue)
(Incorporated in the Republic of South Africa)
(Registration number 2007/004935/06)
JSE share code: CIL ISIN: ZAE000153888
(“CIG” or “the Company”)

NOTICE TO SHAREHOLDERS IN TERMS OF SECTION 150 OF THE COMPANIES ACT 71 OF 2008 (“COMPANIES ACT”) – PUBLICATION AND DISTRIBUTION OF THE PROPOSED BUSINESS RESCUE PLAN FOR CIG (IN BUSINESS RESCUE)

Shareholders are referred to the SENS announcement released on Tuesday, 10 November 2020 wherein shareholders were advised that the Company had commenced voluntary business rescue proceedings on 9 November 2020.

In accordance with section 150(1) of the Companies Act, the practitioner, after consulting the creditors, other affected persons, and the management of the company, must prepare a business rescue plan for consideration and possible adoption at a meeting held in terms of section 151.

Accordingly, notice is hereby given to the shareholders of the Company that the duly appointed joint business rescue practitioners of the Company, PF van den Steen and MDT Liebenberg, have prepared, published and distributed the Business Rescue Plan for the Company. The Business Rescue Plan will be tabled for adoption at a virtual meeting to be held in terms of section 151 of the Companies Act, on Friday, 30 April 2021. Details regrading this meeting will be distributed to all Affected Persons in the next 48 hours.

The Business Rescue Plan has been delivered to the CIPC and distributed to all known affected persons via email and via upload to the Company’s website. As affected persons, shareholders are able to view the Business Rescue Plan at www.ciglimited.com, under the Business Rescue tab.

20 April 2021

Sponsor