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PINNACLE HOLDINGS LTD - Investigation

Release Date: 30/04/2014 12:36
Code(s): PNC     PDF:  
Wrap Text
Investigation

Pinnacle Holdings Limited
(Previously Pinnacle Technology Holdings Limited)
Registration number 1986/000334/06
Share Code: PNC
ISIN: ZAE000184149
(“the Company”)


INVESTIGATION
The Company wishes to advise shareholders that the Financial Services Board (“FSB”) has
registered an investigation in terms of section 84 of the Financial Markets Act, Act 19 of
2012 (“FMA”), relating to a possible contravention of section 78 of the FMA (insider trading)
(“the investigation”). The investigation relates to share transactions in the Company
executed during March 2014 and may be extended, if necessary.
It should be noted that the investigation is not into the affairs of the Company. The FSB have
advised that when the investigation is completed it shall be reported to the Directorate of
Market Abuse who will then decide whether to close the investigation, or proceed with
enforcement action. Shareholders will be informed in this regard.
The Company will cooperate fully with the FSB in respect of the investigation.
Midrand
30 April 2014

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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