JSE LIMITED - GEN - General - Removal of Listings on The JSE; Various Issuers

GEN - General - Removal of Listings on The JSE; Various Issuers

GEN – REMOVAL OF LISTINGS ON THE JSE: VARIOUS ISSUERS

 1   ALLIANCE MINING CORPORATION LIMITED                6    PAMODZI GOLD LIMITED
     ALPHA CODE: ALM                                         ALPHA CODE: PZG
     ISIN: ZAE000104733                                      ISIN: ZAE000088563

 2   AFRICA CELLULAR TOWERS LIMITED                     7    PINNACLE POINT GROUP LIMITED
     ALPHA CODE: ATR                                         ALPHA CODE: PNG
     ISIN: ZAE000088084                                      ISIN: ZAE000127122

 3   BIOSCIENCE BRANDS LIMITED                          8    SANYATI HOLDINGS LIMITED
     ALPHA CODE: BIO                                         ALPHA CODE: SAN
     ISIN: ZAE000115036                                      ISIN: ZAE000081055

 4   ERBACON INVESTMENT HOLDINGS LIMITED                9    SEA KAY HOLDINGS LIMITED
     ALPHA CODE: ERB                                         ALPHA CODE: SKY
     ISIN: ZAE000111571                                      ISIN: ZAE000102380

 5   FARITEC HOLDINGS LIMITED                           10   SQUARE ONE SOLUTIONS GROUP LIMITED
     ALPHA CODE: FRT                                         ALPHA CODE: SQE
     ISIN: ZAE000016838                                      ISIN: ZAE000023768



The JSE recently advised the above issuers that it was considering the removal of the respective listings of the
issuers at the instance of the JSE pursuant to the provisions of paragraphs 1.11 and 1.12 of the JSE Listings
Requirements (the “Requirements”). All the issuers had been suspended and subsequently placed in final
liquidation. The issuers are further not in a position to comply with the Requirements.

Although the above issuers have been suspended from trading, each issuer is still obliged to comply with the
provisions of the Requirements and issue update reports to the JSE on the status of the affairs of the issuer.
Notwithstanding the provisions of the Requirements, obtaining status updates from liquidators on the issuers
in a timely manner has been challenging as the liquidators execute their mandates pursuant to the provisions
of the Companies Act No. 71 of 2008 and not the Requirements. The JSE does however engage with liquidators
through the process to establish whether there will be any value returning to shareholders. Where the JSE has
received an indication that no value will be returning to shareholders, it will only then consider the removal of
the listing of the issuer.

Before the listing of an issuer may be removed from the JSE, the JSE must pursuant to the provisions of the
Financial Markets Act No. 19 of 2012 and the Requirements –

     -   inform the issuer of its intention to remove the listing;
     -   give the issuer the reasons for the intended removal of listing; and
     -   call upon the issuer to show cause, within a period specified by the JSE, why the removal of listing
         should not be effected.

After engagement with the liquidators, the JSE followed the above due process and provided all the issuers
with an opportunity to make written representations to the JSE as to why the removal should not be effected.
The issuers, through the liquidators, raised no objection to the removal of listing on the basis that no payments
or value would be forthcoming to shareholders after realising value on any assets. As a result the issuers were
not able to show cause to the JSE as to why the removal of the respective listings should not be effected and
accordingly the JSE will commence with the removal of the listings.

Shareholders are therefore advised that the listings of the respective issuers will be removed from the
commencement of business on Monday, 20 June 2016 and that shareholders will remain shareholders in
unlisted companies. Accordingly, the last day to trade (over the counter) will be Thursday, 09 June 2016 and
the record date will be Friday, 17 June 2016.

Details of the liquidators are below in respect of each issuer.



09 June 2016

Contact Details of Liquidators

 1   ALLIANCE MINING CORPORATION LIMITED                 6    PAMODZI GOLD LIMITED
     ALPHA CODE: ALM                                          ALPHA CODE: PZG
     ISIN: ZAE000104733                                       ISIN: ZAE000088563

     Liquidator: Westrust (Pty) Limited                       Liquidator: Westrust (Pty) Limited
     [Norman Klein]                                           [Allan Pellow]
     Contact number: [011 728 3222]                           Contact number: [011 728 3222]
     E-mail address: [nklein@westrust.co.za]                  E-mail address: [apellow@westrust.co.za]

 2   AFRICA CELLULAR TOWERS LIMITED                      7    PINNACLE POINT GROUP LIMITED
     ALPHA CODE: ATR                                          ALPHA CODE: PNG
     ISIN: ZAE000088084                                       ISIN: ZAE000127122

     Liquidator: Independent Advisory                         Liquidator: Mazars Cape Town
     [Anneke Barnard]                                         [Chris van Zyl]
     Contact number: [011 991 5518]                           Contact number: [021 818 5154]
     E-mail address: [annekeb@corprecover.co.za]              E-mail address: [Chris.vanZyl@mazars.co.za]

 3   BIOSCIENCE BRANDS LIMITED                           8    SANYATI HOLDINGS LIMITED
     ALPHA CODE: BIO                                          ALPHA CODE: SAN
     ISIN: ZAE000115036                                       ISIN: ZAE000081055

     Liquidator: Westrust (Pty) Limited                       Liquidator: D&T Trust (Pty) Ltd
     [Norman Klein]                                           [Mr. TW van den Heever]
     Contact number: [011 728 3222]                           Contact number: [011 672-8700]
     E-mail address: [nklein@westrust.co.za]                  E-mail address: [theo@dttrust.co.za]

 4   ERBACON INVESTMENT HOLDINGS LIMITED                 9    SEA KAY HOLDINGS LIMITED
     ALPHA CODE: ERB                                          ALPHA CODE: SKY
    ISIN: ZAE000111571                                        ISIN: ZAE000102380

    Liquidator: D&T Trust (Pty) Ltd                           Liquidator: Westrust (Pty) Limited
    [Mr. TW van den Heever]                                   [Monica Cowin]
    Contact number: [011 672-8700]                            Contact number: [011 728 3222]
    E-mail address: [theo@dttrust.co.za]                      E-mail address: [mcowin@westrust.co.za]

5   FARITEC HOLDINGS LIMITED                            10    SQUARE ONE SOLUTIONS GROUP LIMITED
    ALPHA CODE: FRT                                           ALPHA CODE: SQE
    ISIN: ZAE000016838                                        ISIN: ZAE000023768

    Liquidator: D&T Trust (Pty) Ltd                           Liquidator: Independent Advisory
    [Mr. TW van den Heever]                                   [Dawie Van der Merwe]
    Contact number: [011 672-8700]                            Contact number: [Tel: (011) 991 5514]
    E-mail address: [theo@dttrust.co.za]                      E-mail address: [dawiev@corprecover.co.za]

Date: 09/06/2016 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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