To view the PDF file, sign up for a MySharenet subscription.

COAL OF AFRICA LIMITED - Recommencement of trading of Coal of Africa Limited shares on the JSE Limited

Release Date: 27/11/2017 16:22
Code(s): CZA     PDF:  
Wrap Text
Recommencement of trading of Coal of Africa Limited shares on the JSE Limited

 Coal of Africa Limited
 (Incorporated and registered in Australia)
 Registration number ABN 008 905 388
 ISIN AU000000CZA6
 JSE/ASX/AIM share code: CZA


ANNOUNCEMENT                                                                              27 November 2017


  RECOMMENCEMENT OF TRADING OF COAL OF AFRICA LIMITED SHARES ON THE JSE LIMITED


Coal of Africa Limited (“CoAL” or the “Company”) informed shareholders earlier today that the Company’s
shares on the JSE Limited (“JSE”) were suspended on 27 November 2017 due to the divergent treatment of
its International Securities Identification Number (“ISIN”) arising from the consolidation of CoAL’s shares and
change of name. The unavoidable suspension due to ISIN administrative challenges was resolved with the
implementation of a new ISIN for the Company (AU0000CZADC4) (“New ISIN”) and subject to Australian
Stock Exchange (“ASX”) confirmation, normal trading on the JSE will commence at 09h00 on Tuesday 28
November 2017. As previously announced, securities on the ASX and JSE will be registered on a post-
consolidation basis from Thursday 30 November 2017.
Shareholders are advised that the JSE will continue to utilise the New ISIN until the Australian Securities &
Investments Commission (“ASIC”) has approved CoAL’s change of name to MC Mining Limited, expected on
or about 8 December 2017, and will update the market once concluded. The Company has lodged the
necessary name change forms with ASIC and Computershare will be unable to transfer CoAL shares between
the South African register and the Australian or United Kingdom registers until ASIC approval is received.
The Company reminds shareholders that as a result of the differing treatment of CoAL’s ISIN by the ASX, AIM
Market of the London Stock Exchange and JSE arising from the share consolidation and name change,
shares on the United Kingdom register will be suspended from Tuesday 28 November 2017 to Wednesday 6
December 2017. During this period Computershare will be unable to transfer any shares between the
Australian, United Kingdom or South African registers.
Shareholders are directed to consult with their investment advisors should they have any queries regarding
the abovementioned processes.


AUTHORISED BY:
Tony Bevan
Company Secretary


For more information contact:

David Brown                      Chief Executive Officer    Coal of Africa                 +27 10 003 8000
De Wet Schutte                                                 Chief Financial Officer                              Coal of Africa            +27 10 003 8000
Stephen Rowse                                                  Business Executive                                   Coal of Africa            +27 10 003 8000
Tony Bevan                                                     Company Secretary                                    Endeavour Corporate       +61 08 9316 9100
                                                                                                                    Services

Company advisors:
Ross Allister/ Richard Crichton                                Nominated Adviser and                                Peel Hunt LLP            +44 20 7418
                                                               Broker                                                                        8900
Jos Simson/ Barney Hayward/                                    Financial PR (United                                 Tavistock                +44 20 7920
Annabel de Morgan                                              Kingdom)                                                                      3150

Charmane Russell/Olwen                                         Financial PR (South                                  R&A Strategic            +27 11 880 3924
Auret                                                          Africa)                                              Communications           or
                                                                                                                                             +27 82 372 5816
Investec Bank Limited is the nominated JSE Sponsor

About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa.
CoAL’s key projects include the Uitkomst Colliery, Makhado Project (coking and thermal coal), Vele Colliery
(coking and thermal coal) and the Greater Soutpansberg Projects (MbeuYashu).

This announcement is inside information for the purposes of article 7 of EU Regulation 596/2014.

Forward-Looking Statements

This Announcement, including information included or incorporated by reference in this Announcement, may
contain "forward-looking statements" concerning CoAL that are subject to risks and uncertainties. Generally,
the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates" or similar
expressions identify forward-looking statements. These forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from those expressed in the forward-looking
statements. Many of these risks and uncertainties relate to factors that are beyond CoAL’s ability to control or
estimate precisely, such as future market conditions, changes in regulatory environment and the behaviour of
other market participants. CoAL cannot give any assurance that such forward-looking statements will prove to
have been correct. The reader is cautioned not to place undue reliance on these forward looking statements.
CoAL assumes no obligation and do not undertake any obligation to update or revise publicly any of the
forward-looking statements set out herein, whether as a result of new information, future events or otherwise,
except to the extent legally required.

Statements of intention

Statements of intention are statements of current intentions only, which may change as new information
becomes available or circumstances change.



AU: Coal of Africa Limited, Suite 8, 7 The Esplanade, Mount Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9316 5475
ZA: South Block, Summercon Office Park, Cnr Rockery Lane and Sunset Avenue, Lonehill, 2191, Tel: +27 10 003 8000 Fax: +27 11 388 8333 Email: adminza@coalofafrica.com

Bernard R. Pryor – Chairman, David H. Brown – Chief Executive Officer, De Wet O Schutte
Non-executive directors: Peter G. Cordin, Andrew D Mifflin, Khomotso B. Mosehla, Thabo F Mosololi, Rudolph H. Torlage, Shangren Ding

Date: 27/11/2017 04:22:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story