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JASCO ELECTRONICS HOLDINGS LIMITED - Change in Sector Classification

Release Date: 23/03/2016 16:18
Code(s): JSC     PDF:  
Wrap Text
Change in Sector Classification

JASCO ELECTRONICS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration Number 1987/003293/06
Share code: JSC     ISIN: ZAE000003794
(“Jasco” or “the Company” or “the Group”)


CHANGE OF SECTOR CLASSIFICATION


Following a request by the Company for a FTSE/JSE sector
classification review, Jasco shareholders are hereby advised
that the Company will be reclassified from:

  -   Electronic & Electrical Equipment (ICB subsector code
      2733), to
  -   Software & Computer Services (ICB subsector code 9533)

It is Jasco’s view that given the completion of its extensive
strategic restructuring programme and the recent conclusion of
the   M-TEC  disposal,   the  Software  &   Computer  Services
classification represents a more accurate description of the
Group’s business activities.


The change is effective from 22 March 2016.


Midrand
23 March 2016


Sponsor
Grindrod Bank Limited

Date: 23/03/2016 04:18:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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