EQS
EQS
EQS - Eqstra Holdings Limited - Illegal industrial action - Pilansburg Platinum
Mine ("PPM")
Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
Share code: EQS & ISIN: ZAE000117123
("Eqstra" or "the company")
ILLEGAL INDUSTRIAL ACTION - PILANSBURG PLATINUM MINE ("PPM")
MCC Contracts (Pty) Ltd, a subsidiary of Eqstra Holdings Limited, advises that
on Thursday, 23 June 2011 certain employees at their PPM mine site have embarked
on illegal industrial action.
Striking employees have disrupted mining activities by intimidating supervisors
and damaging property and equipment.
Management called for the assistance of the South African Police Services to
safeguard employees, prevent further damage and stabilise the situation.
The company is working with Platmin Limited to resolve matters and further
announcements will be made in due course.
24 June 2011
Johannesburg
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 24/06/2011 13:41:01 Produced by the JSE SENS Department.
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