Further cautionary and continued suspension of all debt securities of the Bank and equity securities of ABIL
AFRICAN BANK INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
Ordinary share code : ABL ISIN: ZAE000030060
Preference share code : ABLP ISIN: ZAE000065215
(“ABIL” or “the Group” or the “Company)
AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registered bank)
(Registration number 1975/002526/06)
Company code : BIABL
In Curatorship
(“African Bank” and the “Bank”)
Further cautionary announcement and continued suspension of all debt securities of
the Bank and equity securities of ABIL
1. Investors are advised that the curatorship of the Bank and the restructuring initiatives in respect
of ABIL, as announced in a statement by the then Governor of the South African Reserve Bank
(“SARB”), Ms Gill Marcus, on 10 August 2014 (“the SARB statement”) remain ongoing.
2. During this time, trading in both the debt securities of the Bank and the equity securities of ABIL
will continue to remain suspended. Investors are therefore advised to continue to exercise caution
when dealing in the debt securities of the Bank and the equity securities of ABIL until further
detailed announcements are made.
3. Investors are referred to the ABIL and African Bank announcements released on the Stock
Exchange News Service (“SENS”) on 10 December 2014, respectively entitled "Renewal of
cautionary announcement and continued suspension of all securities of ABIL, an update on the
business rescue process in Ellerines and update on the release of ABIL’s annual results for
financial year ended 30 September 2014” and "Renewal of cautionary announcement, further
update on the curatorship of African Bank and proposed restructuring measures”.
On behalf of the Board of ABIL and the Curator of the Bank
27 January 2015
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Footnote : T Winterboer was appointed as curator of African Bank Limited on 10 August 2014 by
the Minister of Finance of the Republic of South Africa and pursuant to the Banks Act No. 94 of 1990
(as amended) to manage the affairs of African Bank Limited subject to the supervision of the
Registrar. Please note that Mr Winterboer acts in the aforesaid capacity.
Date: 27/01/2015 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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