YRK - York - York shares commence trading ex-right
YRK
YRK
YRK - York - York shares commence trading ex-rights
The York Timber Organisation Limited
(Registration number 1916/004890/06)
Share code: YRK
ISIN: ZAE000008108
("York" or "the Company")
York shares commence trading ex-rights
In response to inaccurate media reports, the board of directors of York would
like to advise shareholders of the Company that the decrease in the traded share
price on Monday 30 July 2007 was as a result of the fact that it was the first
day that the York ordinary shares traded ex-rights with regards to the rights
offer in terms of which 2.1134123 rights offer shares at a subscription price of
R15 per rights offer share were offered for each York ordinary share held at the
close of business on Friday, 27 July 2007, details of which are included in the
circular issued to York shareholders on 15 June 2007, and not as a result of the
incorrectly reported severe fire damage experienced in the Mpumalanga region.
Shareholders are also referred to the SENS announcement dated 30 July 2007 in
which the limited impact of the fire damage on York was set out in detail.
White River
31 July 2007
Sponsor
Metier
Date: 31/07/2007 16:43:01 Produced by the JSE SENS Department.
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