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Investegate announcements from Ironveld PLC, Correction - Final Results year ended 30 June 2022

Investegate announcements from Ironveld PLC, Final Results for the year ended 30 June 2021

MONEYWEB app instead? Transaction likely to influence its planned R750m rights issue decision. 00:01  The net proceeds of about R500m will be used to degear PPC’s SA balance sheet. Image: Moneyweb JSE-listed cement and lime producer PPC has made further significant progress with its capital restructuring by reaching an agreement to sell its wholly-owned lime business to investor consortium Kgatelopele Lime for R515 million. In terms of the agreement, the rights, benefits and advantages of PPC Lime transfer to Kgatelopele Lime on April 1, with the divestment expected to reach a close...

Roy Cokayne The divestment forms part of PPC’s ongoing capital restructuring, and the effective net proceeds of about R500 million will be used to degear the cement producer's SA balance sheet. PPC truck. JSE-listed cement and lime producer PPC has made further significant progress with its capital restructuring by reaching an agreement to sell its wholly-owned lime business to investor consortium Kgatelopele Lime for R515 million. In terms of the agreement...