April 25, 2018 / 1:13 PM / 7 months ago

BRIEF-Exxaro Resources To Seek Shareholder Approval To Further Monetise Remaining Stake In Tronox

April 25 (Reuters) - Exxaro Resources Ltd:

* INTENTION TO SEEK SHAREHOLDER APPROVAL TO FURTHER MONETISE ITS REMAINING STAKE IN TRONOX LTD IN ORDER TO FOCUS ON CORE ACTIVITIES

* BOARD HAS DETERMINED THAT IT WILL EXPLORE AVAILABLE ALTERNATIVES TO MONETISE ITS STAKE IN TRONOX IN A STAGED PROCESS OVER TIME.

* EXXARO CURRENTLY OWNS ABOUT 24 PCT IN TRONOX WITH AN APPROXIMATE VALUE OF US$476 MLN Source text for Eikon: Further company coverage:

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