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ESOR LIMITED - Request for Voluntary Suspension of Trading

Release Date: 17/08/2018 11:35:00      Code(s): ESR       PDF(s):  
Request for Voluntary Suspension of Trading

(Incorporated in the Republic of South Africa)
(Registration number: 1994/000732/06)
JSE code: ESR
ISIN: ZAE000184669


Further to the announcement relating to the business rescue filing in respect of
Esor Construction Proprietary Limited (“Esor Construction” or “the Company”) dated
13 August 2018, shareholders are advised that the board of Directors of Esor
Construction (“the Esor Construction Board”) will work together with the business
rescue practitioner in order to try and achieve a successful outcome.

While the Esor Construction Board believes that there is reasonable prospect of
rescuing the Company, there is a possibility such outcome will not be achieved.

In addition, the effect of the business rescue proceedings instituted at Esor
Construction, on Esor Limited, are not known.

Accordingly, Esor has requested the suspension of the listing of its securities
on the JSE, as it believes this to be both necessary and in the best interests of
its shareholders at this point in time. As such Esor has voluntarily suspended
the listing of its securities with immediate effect.

17 August 2018

Vunani Corporate Finance

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