Response to media speculation
Page 1 of 1
Media/ASX and NZX Release
7 December 2020
RESPONSE TO MEDIA SPECULATION
Downer EDI Limited (Downer) notes this morning’s media speculation regarding the potential sale
of its Open Cut Mining West business.
Downer has previously announced that it is seeking expressions of interest in the various parts of
its portfolio of Mining businesses. It has announced the sale of Downer Blasting Services, the
Snowden consulting business and its share of the RTL Mining and Earthworks joint venture while
also stating the company is in active discussions with a number of interested parties in relation to
the rest of the Mining portfolio.
Downer confirms it is in discussions with MACA Limited in relation to the sale of its Open Cut
Mining West business, however there is no certainty that a sale will result from these discussions.
Downer will continue to keep the market informed in relation to the sale of its Mining businesses.
Authorised for release by Downer’s Chief Executive Officer, Grant Fenn.
About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers
are at the heart of everything it does. It exists to create and sustain the modern environment and
its promise is to work closely with its customers to help them succeed, using world-leading insights
and solutions to design, build and sustain assets, infrastructure and facilities. For more information
visit downergroup.com.
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145
Downer EDI Limited
ABN 97 003 872 848
Triniti Business Campus
39 Delhi Road
North Ryde NSW 2113
1800 DOWNER
www.downergroup.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- AOF — AoFrio Limited: Wellington Drive 2020 Annual Result2021-02-25
“WT 9513 3 CEO Greg Allen commented; “2020 was a difficult year for our business as it was for many others and our thoughts go out to all those impacted by COVID-19. We are grateful for the support from our staff, shareholders, customers and suppliers and were inspired by the…”