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PROTECH KHUTHELE HOLDINGS LIMITED - Protech - BBBEE rating

Release Date: 16/05/2013 12:12
Code(s): PKH     PDF:  
Wrap Text
Protech - BBBEE rating

Protech Khuthele Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2000/024352/07)
Share code: PKH ISIN: ZAE 000101986
(“Protech” or the “Company”)



Protech Khuthele achieves Level four B-BBEE status


Shareholders are advised that Protech Khuthele has achieved a level four Broad-Based
Black Economic Empowerment (“B-BBEE”) rating in its latest B-BBEE verification,
undertaken by Premier Verification earlier this month. The rerating marks a return to a
level four from a level six rating at the end of 2012 due to the Protech Khuthele BEE
Trust no longer being recognised as a BEE vehicle.


“We are proud of this rerating, which comes as a result of a clearly focused B-
BBEE strategy. Going forward we will focus on increasing our achievements in
preferential   procurement      and    skills    development   through     a    phased
implementation, as well as the rectification of the Protech Khuthele BEE Trust
deed to ensure compliance” commented Antony Page, CEO.


The new certificate is available on Protech Khuthele’s website www.pkh.co.za.


Lanseria
16 May 2013

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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