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 151 OF THE COMPANIES ACT 71 OF 2008, AS AMENDED (“COMPANIES ACT”) – MEETING TO DETERMINE THE FUTURE OF 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 addition to this, shareholders are referred to the SENS announcement released on Tuesday, 20 April 2021 wherein shareholders were advised that the duly appointed joint business rescue practitioners of the Company, PF van den Steen and MDT Liebenberg (“BRPs”), published and distributed the proposed business rescue plan for the Company (“Plan”) on 19 April 2021.

In accordance with section 151 of the Companies Act, the BRPs must –

1. convene and preside over a meeting of creditors and any other holders of a voting interest (“Meeting”), within ten business days after the publication of the Plan and called for the purpose of considering the Plan, in terms of section 150 of the Companies Act; and

2. deliver a notice of the Meeting, which sets out the details and agenda of the Meeting as well as a summary of the rights of Affected Persons to participate in and vote at the Meeting, at least five business days before the Meeting contemplated above.

Accordingly, notice is hereby given to the shareholders of the Company that a notice to Affected Persons, in terms of section 151 of the Companies Act, has been distributed via email and via upload to the Company website. As Affected Persons, shareholders are able to view the notice which contains all the details of the Meeting which will be held virtually on Friday, 30 April 2021 at 10:00 at: www.ciglimited.com, under the “Business Rescue” tab.

Shareholders are advised that as the Plan does not alter the rights of shareholders of the Company, shareholders will not be required nor entitled to vote on the Plan.

22 April 2021

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