To view the PDF file, sign up for a MySharenet subscription.

AFRICAN BANK INVESTMENTS LIMITED - Publication of the audited financial results for the year ended 30 September 2014 for African Bank Limited

Release Date: 22/04/2015 08:00
Wrap Text
Publication of the audited financial results for the year ended 30 September 2014 for African Bank Limited

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”)

and

AFRICAN BANK LIMITED (in Curatorship)
(Incorporated in the Republic of South Africa)
(Registered bank)
(Registration number 1975/002526/06)
Company code: BIABL
(“African Bank” or “the Bank”)

Publication of the audited financial results for the year ended 30 September 2014 for African Bank Limited

1. In a Stock Exchange News Service (“SENS”) announcement issued on 3 March 2015
   ("Further update on the Curatorship of African Bank and proposed restructuring measures,
   further cautionary announcement and continued suspension of all debt securities of the
   African Bank and all equity securities of ABIL and other related matters") the Curator of African
   Bank stated that African Bank expected to provide the annual financial results and audited
   financial statements for the financial year ended 30 September 2014 during April 2015.

2. While matters delaying the finalisation of the results have substantially been addressed since
   that date, certain aspects relating to a limited number of outstanding points require further
   attention from the relevant stakeholders.

3. The Curator therefore does not expect to release the results during April 2015, but now
   expects to release these results during May 2015.

4. As previously stated in the SENS referred to above the Curator expects to be able to release
   the reviewed results for African Bank for the six months ended 31 March 2015 during June
   2015.

5. This announcement relates solely to the publication of the results for African Bank Limited and
   not to the publication of the results of African Bank Investments Limited.

On behalf of the Curator of African Bank.

Midrand
22 April 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 of Banks. Please note that Mr Winterboer acts in the aforesaid capacity.

Date: 22/04/2015 08:00:00 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.

Share This Story