ABK - African Brick Centre - Renewal of cautionary announcement
ABK
ABK
ABK - African Brick Centre - Renewal of cautionary announcement
AFRICAN BRICK CENTRE LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 1999/006214/06)
(Share Code: ABK)
(ISIN: ZAE000105169)
("African Brick" or "the Company")
RENEWAL OF CAUTIONARY ANNOUNCEMENT
African Brick shareholders are referred to the cautionary announcement released
on the Securities Exchange News Service of the JSE Limited on 3 November 2011
relating to a Notice of Intention ("Notice of Intention") by the Department of
Environmental Affairs ("DEA") to issue a compliance notice in terms of Section
31L of the National Environmental Management Act, 1998 (Act 107 of
1998)("NEMA"), a directive in terms of section 28(4) of NEMA and a directive in
terms of Section 31A of the Environment Conservation Act (Act 73 of 1989,in
respect of its alleged failure to comply with the provisions of the Law.
On 31 October 2011, African Brick responded to the DEA in writing with its
representations not to issue the Compliance Notice and further directives as it
believes that the interpretation of the analysis done by the DEA`s advisors is
not in line with the National Nuclear Regulator Safety Standards and Regulatory
Practices.
There have been no further developments; however, if the Notice of Intention is
implemented by the DEA, this may have a material effect on the operations of the
Company and the price of the Company`s securities.
Accordingly, shareholders are advised to exercise caution when dealing in the
Company`s securities, until a further announcement is made.
Johannesburg
15 December 2011
Designated Advisor
Grindrod Bank Limited
Date: 15/12/2011 11:44:01 Produced by the JSE SENS Department.
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