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PPC LIMITED - Notice of Halt in Trading in Shares of PPC Ltd on The Zimbabwe Stock Exchange

Release Date: 31/07/2020 09:00
Code(s): PPC     PDF:  
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Notice of Halt in Trading in Shares of PPC Ltd on The Zimbabwe Stock Exchange

PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number 1892/000667/06)
JSE ISIN: ZAE000170049
JSE code: PPC ZSE code: PPC
("PPC" or "Company" or "Group")


NOTICE OF HALT IN TRADING IN SHARES OF PPC Ltd ON THE ZIMBABWE STOCK EXCHANGE


Further to the announcement by the Minister of Finance and Economic Development of
Zimbabwe (‘the Minister’) on 28 July 2020 that investigations into the dealings on
the Zimbabwe Stock Exchange (‘ZSE’) had been completed and that as a condition for
the resumption of trading on the ZSE from 3 August 2020, trading in, inter alia, the
shares of PPC is to remain suspended on the ZSE platform, pending further engagement
on the matter. The ZSE and PPC wish to notify the market as follows:


The press statement issued by the Minister noted that PPC was not involved in any
malpractice linked to the parallel foreign currency market. In addition, the ZSE
informed that PPC is in full compliance with listing rules of the ZSE.


Notwithstanding the foregoing, the ZSE and PPC have agreed to halt trading in the
shares of PPC Limited pending finalisation of the modalities on the resumption of
trading.


PPC will advise the market of any further developments on this matter.


Sandton
31 July 2020
Sponsor
Merrill Lynch South Africa (Pty) Limited


PPC:
Anashrin Pillay
Head Investor Relations
Tel: +27 (0) 11 386 9000

Date: 31-07-2020 09:00:00
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