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JSE LIMITED - GEN General - Mr MB Mathabathe Censures imposed by the JSE

Release Date: 30/06/2014 07:05
Code(s): JSER     PDF:  
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GEN – General - Mr MB Mathabathe – Censures imposed by the JSE

GEN – General - Mr MB Mathabathe – Censures imposed by the JSE
on Mr Mathabathe in his capacity as a former director of Esor
Limited


The JSE Limited (“JSE”) wishes to advise the following
concerning certain findings by the JSE in respect of Mr
Mathabathe:

  a. The JSE has found Mr Mathabathe, in his capacity as a
     director of Esor Limited at the time of the
     transgressions, to be in breach of paragraphs 3.65 and
     3.66 of the JSE Listings Requirements (“LR”);

  b. As announced on SENS on 31 July 2013, Mr Mathabathe
     traded in the securities of the company of which he was a
     director without the required clearance from the company
     and he failed to disclose the trades timeously;

  c. The JSE has decided to impose a public censure against Mr
     Mathabathe as well as a fine of R150 000 (R125 000 of
     which is suspended for twenty-four months) in relation to
     the above mentioned breaches of the LR.



30 June 2014

Date: 30/06/2014 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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