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Quarterly Suspension Update
ASTORIA INVESTMENTS LTD
(Incorporated in the Republic of Mauritius)
(Registration number 129785 C1/GBL)
SEM share code: ATIL.N0000
JSE share code: ARA
ISIN: MU0499N00007
(“Astoria” or “the company”)
QUARTERLY SUSPENSION UPDATE
Trading in Astoria’s shares on the JSE Limited (“JSE”) is currently suspended until such time as, inter alia, the
requisite spread of public shareholders has been achieved (the “Suspension”).
In terms of paragraph 1.11(c) of the JSE Listings Requirements, the company is obliged to provide an update to
the market of the state of the affairs of the company until the Suspension is lifted.
It remains Astoria’s intention to retain its primary listing on the Stock Exchange of Mauritius (“SEM”) and the
Alternative Exchange of the JSE with an objective of building a portfolio of investments that create long-term
value for its shareholders. The board of directors of Astoria continues to investigate efficient methods to achieve
this objective and is working closely with RECM & Calibre Limited, its ultimate controlling shareholder.
Shareholders will be further advised of the date on which the Suspension is expected to be lifted once details of
any restructure have been finalised.
This announcement is issued pursuant to SEM Listing Rules 11.3 and Rule 5(1) of the Securities (Disclosure
Obligations of Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the
information contained in this announcement.
23 June 2020
JSE Designated Advisor
Questco Corporate Advisory Proprietary Limited
Company Secretary
Clermont Consultants (MU) Limited
Date: 23-06-2020 02:00:00
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