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

MASTER PLASTICS LIMITED - Voluntary Announcement Pertaining to Industrial Action

Release Date: 30/10/2018 08:40
Code(s): MAP     PDF:  
Wrap Text
Voluntary Announcement Pertaining to Industrial Action

MASTER PLASTICS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2016/323930/06)
Share code: MAP ISIN: ZAE000242921
(“Master Plastics” or “the Company”)

VOLUNTARY ANNOUNCEMENT PERTAINING TO INDUSTRIAL ACTION

Shareholders are advised that the industry-wide industrial action by representatives of the National Union of
Metalworkers of South Africa (“NUMSA”), which commenced on 15 October 2018, is still underway. This,
together with the industrial action at the Company’s Randfontein operation, which commenced on
19 September 2018 and is still ongoing, will continue to adversely impact production capacity and constrain
the ability of the Company to fully meet all of its customer requirements over this period.

Shareholders will be provided with updates when they become available.

Sandton
30 October 2018

Designated Adviser
Merchantec Capital

Date: 30/10/2018 08:40:00 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