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PLATFIELDS LIMITED - Renewal of Cautionary Announcement

Release Date: 02/03/2016 15:52
Code(s): PLL     PDF:  
Wrap Text
Renewal of Cautionary Announcement

PLATFIELDS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2002/005851/06)
Share code: PLL ISIN: ZAE000151825
(“Platfields”, “the Group” or “the Company”)

RENEWAL OF CAUTIONARY ANNOUNCEMENT

As announced on SENS on 20 January 2016, the directors of Platfields have been advised that
an order for the provisional liquidation of the Company was granted by the High Court of
South Africa, Gauteng Local Division, Johannesburg on 30 October 2015 with a return date
for a final liquidation order on 14 December 2015.

This application was opposed by the Company, with support from the Offeror, from whom an
offer to subscribe for shares had been received. A court date was set for 25 January 2016,
which was then postponed to 29 February 2016. The matter has once again been postponed
and a new date still has to be set.

The Company’s shares remain suspended on the JSE. Shareholders are, however, advised to
continue to exercise caution when dealing in the Company’s securities until a further
announcement is made.

Johannesburg
2 March 2016

Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 02/03/2016 03:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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