Sanyati Holdings Ltd - Delay in publishing of the business rescue plan for Sanyati
SAN
Delay in publishing of the business rescue plan for Sanyati
Sanyati Holdings Limited
Incorporated in the Republic of South Africa
Registration number: 1988/002538/06
Share code: SAN
ISIN code: ZAE000081055
(Sanyati or the Company)
Delay in publishing of the business rescue plan for Sanyati
Sanyati shareholders (Shareholders) were informed in a SENS announcement on
Tuesday, 10 July 2012 that Mr Trevor Murgatroyd, the appointed business rescue
practitioner to both Sanyati and Sanyati Civil Engineering and Construction
Proprietary Limited (SCE&C), had submitted a founding affidavit in the South
Gauteng High Court on 09 July 2012 to effect the termination of the business rescue
proceedings in respect of SCE&C and apply for the liquidation of SCE&C.
Shareholders are advised that Sanyati will remain under business rescue
proceedings for the time being. However, in light of the developments detailed
above, the original envisaged date of publication of the business rescue plan of
Wednesday, 11 July 2012 will be delayed to Wednesday, 18 July 2012.
Bryanston
11 July 2012
Sponsor
KPMG Services (Pty) Ltd
Date: 11/07/2012 11:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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