Nov 22 (Reuters) - PPC Ltd -
* RECOMMENDATION OF INDEPENDENT BOARD NOT TO ACCEPT OFFER BY FAIRFAX AFRICA INVESTMENTS PROPRIETARY LIMITED ("FAIRFAX")
* PPC WILL NOT CONVENE A GENERAL MEETING OF SHAREHOLDERS FOR PURPOSES OF APPROVING PROPOSED MERGER
* TAKEOVER REGULATION PANEL HAS GRANTED FAIRFAX AN EXTENSION OF DATE BY WHICH IT IS REQUIRED TO POST PARTIAL OFFER CIRCULAR UNTIL 12 DECEMBER 2017
* PPC IS CONTINUING ITS ENGAGEMENTS WITH CRH (LON:CRH) AND LH REGARDING THEIR RESPECTIVE NON-BINDING EXPRESSIONS OF INTEREST