General SENS Submitter Company - GEN - General - Imbalie Beauty Limited - Suspension of Listing Announcement

GEN - General - Imbalie Beauty Limited - Suspension of Listing Announcement

GEN – General - Imbalie Beauty Limited (the “Issuer”)

Share Code: ILE
ISIN: ZAE000165239

Suspension of Listing Announcement

We refer shareholders to the announcements made by the Issuer on 29 June 2018 and 1 August
2018 which indicated that the auditors’ report contained a disclaimer of opinion. Paragraph 3.25(e)(ii)
of the JSE Listings Requirements states that when the auditor’s report contains a disclaimer of
opinion the JSE will consider the continued listing, suspension and possible removal of the issuer’s
listings.

A critical element of a well-functioning market includes the provision of independent auditor assurance
on year-end financial information. It serves to:
    - provide investors with reliable information in order for them to make informed investment
         decisions,
    - increase confidence in the market, and
    - promote and ensure the protection of investors.

Whilst the Issuers auditors have issued a report on the results, they have in fact, for the reasons set
out in their report, been unable to issue an assurance opinion.

The JSE has provided the Issuer with an opportunity to make written representations as to why listing
of the Issuer should not be suspended. Having considered those representations the JSE has
decided to suspend the listing of the Issuer.

Shareholders are advised that the Issuer’s listing will be suspended from the commencement of
business on Tuesday, 7 August 2018.


7 August 2018

Date: 07/08/2018 08:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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