[Unless otherwise defined, the definitions set out in the announcement dated 31 March 2023 in relation to the termination of the Letters of Award ("Announcement") shall apply herein.]
Further to the Announcement, the Company wishes to announce the following additional information:
(1) INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS, CHIEF EXECUTIVE AND/OR PERSONS CONNECTED WITH THEM
None of the Directors, major shareholders, chief executive of SIAB and/or persons connected with them have any interest, whether direct or indirect, in the termination of LA.
(2) STATEMENT BY DIRECTORS
The Board is of the opinion that terminating both LA is in the best interest of the Company and that the termination in principle of the LA is mutually agreed and does not contravene any of the provisions of the LA.
This announcement is dated 4 April 2023.