Voluntary suspension of securities listed in the JSE
Basil Read Holdings Limited
Incorporated in the Republic of South Africa
Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE 000029781
(“Basil Read Holdings” or “the company”)
VOLUNTARY SUSPENSION OF SECURITIES LISTED ON THE JSE
Shareholders are referred to the announcement released on
SENS on Friday, 15 June 2018 advising that Basil Read Limited
("Basil Read"), a wholly owned subsidiary of Basil Read
Holdings, which houses the Construction Division has
commenced with voluntary business rescue proceedings as
provided for by section 129 of the Companies Act 71 of 2008.
There is uncertainty in terms of the impact of the voluntary
business rescue proceedings instituted at Basil Read Limited,
on the Basil Read Holdings Limited Group as listed on the
The Company has applied to the JSE, in terms of paragraph
1.10 of the JSE Listings Requirements for the voluntary
suspension of the listing of its securities until such time
as the effect on the listed group can be quantified, with
20 June 2018
Andiswa T Ndoni
Grindrod Bank Limited
Date: 20/06/2018 05:00:00 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.
Email this JSE Sens Item to a Friend.