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AFRICAN BANK INVESTMENTS LIMITED - Corrective Announcement March 2016 Interim Results

Release Date: 12/08/2016 10:24
Code(s): ABL ABLP     PDF:  
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Corrective Announcement – March 2016 Interim Results

AFRICAN BANK INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1946/021193/06)
Ordinary share code: ABL        ISIN: ZAE000030060
Hybrid instrument code: ABLP       ISIN: ZAE000065215
(“ABIL”)


CORRECTIVE ANNOUNCEMENT – MARCH 2016 INTERIM RESULTS


Shareholders are referred to the Condensed Consolidated Reviewed Financial Results for the Period
Ended 31 March 2016 (“Financial Results”) released on SENS on 30 June 2016, in which, inter alia,
ABIL states that Net Asset Value per ordinary share as at 31 March 2016 is 30.8 cents. The board of
directors of ABIL (“the Board”) hereby confirms that the Net Asset Value of 30.8 cents per share, as
disclosed, is correct and calculated in terms of the Guide on Pro Forma Financial Information issued by
SAICA.

The Board have been advised by the JSE Limited that the note to the Financial Results indicating that
“Net Asset Value per ordinary share calculated as at 31 March 2016 using total equity is 106.1 cents per
share” is contrary to the JSE Listings Requirements and accordingly, such note is hereby retracted.

The Board wishes to advise both current and future ordinary and preference shareholders of ABIL to
carefully consider the participation rights of both the ordinary and preference shares when assessing the
value of the securities they hold or wish to trade.


12 August 2016

Sponsor
Merchantec Capital

Date: 12/08/2016 10:24:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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