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EOH HOLDINGS LIMITED - EOH Strongly Repudiates False and Unfounded Insinuations

Release Date: 18/07/2017 11:40
Code(s): EOH     PDF:  
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EOH Strongly Repudiates False and Unfounded Insinuations

EOH HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/014669/06)
Share code: EOH ISIN: ZAE000071072
(“EOH” or “the Company”)


EOH STRONGLY REPUDIATES FALSE AND UNFOUNDED INSINUATIONS


EOH has noted an article carried by Business Report on 17 July 2017. EOH places the following on record:

This article is a regurgitation of a previous article published by another media outlet three months ago. The
Business Report article has relied on the original article for its information, with no new information provided.

At the time of publication of the original article, EOH publicly responded and repudiated the content of the
article, which was based on false and unfounded insinuations. EOH’s repudiation of the original article and
full response was published by the media outlet the following day.

The Business Report article has ignored EOH’s repudiation response to the original article. As with the
original article, this latest article is also based on unfounded insinuations and allegations relating to EOH.

The Company would like to reiterate that it has been a service provider to South African Social Security
Agency (SASSA) for 8 years and is proud of its track record and quality, depth of skills and expertise it
provides. All services provided to SASSA were awarded on merit, after having undergone open and
transparent tender processes, in compliance with the Public Finance Management Act (PFMA).

EOH is considering all options available for recourse and corrective action in respect of any harm caused to
EOH and its stakeholders.

About EOH

EOH is a proudly South African business and the largest technology services organisation in Africa. The
JSE-listed group has strong empowerment credentials and with its 12 500-strong workforce is characterised
by excellent delivery capability, great people and a strong culture.

EOH provides a broad range of technology solutions and innovation to clients in South Africa and
internationally, covering many aspects of society and the economy, and geared towards supporting the
developmental agenda of our country.

In keeping with its purpose, EOH launched the “EOH Youth Job Creation Initiative” five years ago, which to
date, has resulted in the creation of over 20 000 jobs for our youth.

EOH’s track record, reputation and integrity have been impeccable since inception nineteen years ago.


EOH continues to support a free press as one of underpinning the tenets of an open democracy and similarly
calls on journalists to exercise due care when reporting.


Johannesburg
18 July 2017

Sponsor
Merchantec Capital

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