General SENS Submitter Company - Gen - General - Removal of Listing Announcement -NUT

Gen - General - Removal of Listing Announcement -NUT

Gen - General - Removal of Listing Announcement

Nutritional Holdings Limited (the “Issuer”)

ISIN: ZAE000298568 Share Code: NUT

The Issuer has a primary listing on the Alternative Exchange of the Johannesburg Stock Exchange
(“JSE”). On 26 May 2021, the Issuer was suspended from trading on the JSE at the instance of the JSE
pursuant to paragraph 1.6(b) of the JSE Listings Requirements due to various non-compliances with
the JSE Listings Requirements (“non-compliances”) (the “Requirements”).

In terms of paragraph 1.8 of the Requirements “If a listing is suspended and the affected applicant
issuer fails to take adequate action to enable the JSE to reinstate the listing within a reasonable period
of time, the JSE may remove the listing in accordance with the procedure set out below”.

Based on the failure of the Issuer to remedy the various non-compliances since its suspension on 26
May 2021, the JSE advised the Issuer that it is considering the removal of the Issuer’s listing at the
instance of the JSE pursuant to section 12(2) of the Financial Markets Act no. 19 of 2012 and section
1.12 and 1.13 of the Requirements.

The JSE provided the Issuer with opportunity to make written representations as to why the removal
of the Issuer should not be effected. After careful consideration of the representations by the Issuer,
the JSE informed the Issuer that it has decided to remove the Issuer’s listing (“the Removal Decision”)
and advised the Issuer of its right to appeal the decision pursuant to paragraph 1.5 of the
Requirements (the “appeal”).

The JSE convened the Issuer Regulation Appeal Committee (“the Appeal Committee”) to reconsider
the Removal Decision and the grounds of appeal against the Removal Decision that were advanced on
behalf of the Issuer.

The Appeal Committee carefully considered all the applicable facts and information and decided to
dismiss the Issuer’s appeal against the Removal Decision.

Accordingly, shareholders are advised that the Issuer’s listing will be removed from the
commencement of business on Monday, 19 December 2022 and that they will remain shareholders
in an unlisted company. Accordingly, the last day to trade (off-market) will be Monday, 12 December
2022 and the record date will be Thursday, 15 December 2022.



5 December 2022

Date: 06-12-2022 07:30:00
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