|
|
Tongaat - delisting and business rescue update
Shareholders are referred to the announcement released by the JSE Ltd. (“JSE”) on the Stock Exchange News Service (“SENS”) today, 12 October 2026, in which the JSE announced its decision to remove the listing of the Company’s ordinary shares from the Main Board of the JSE with effect from the commencement of business on Tuesday, 3 November 2026 (“Removal of Listing”).
Following the Removal of Listing, the shares in the Company will be held as unlisted certificated shares by the Company’s Transfer Agent, Computershare Investor Services (Pty) Ltd. (“Computershare”). All shareholders will be issued a share statement in respect of their unlisted holdings in the Company within 6 business days of the effective date of the Removal of Listing.
While shareholders will continue to own unlisted shares in the unlisted Company after the Removal of Listing, given that the Company’s shares will no longer be listed on the JSE, the shares will not be tradable on the electronic STRATE platform. Shareholders or their brokers will accordingly need to notify Computershare of any share transfers which occur after the Removal of Listing and instruct them to update the Company’s share register accordingly.
Following the Removal of Listing, the Company will no longer have access to the SENS platform and no further announcements will be released by the Company on SENS, save for any further announcement required by the JSE in connection with the Removal of Listing.
|
|
Click here for original article
|
| |
| |
| Click here for full news archive for this company |
|
| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
| |
|
|
