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

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: [phone] 
Fax: [phone] 
E-Mail: [e-mail] 
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. 
Archive at www.dgap.de 
Language:    English 
Company:     ICHOR Coal N.V. 
             30 Jellicoe Avenue 
             Rosebank 
             South Africa 
Phone:       [phone] 
E-mail:      [e-mail] 
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 
 
 

(END) Dow Jones Newswires

September 30, 2019 10:04 ET (14:04 GMT)