AUSTRO GROUP LIMITED - Outcome of disciplinary enquiry
ASO 201212130034A
Outcome of disciplinary enquiry
AUSTRO GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/029771/06)
Share code: ASO ISIN: ZAE000090882
(“Austro” or the “company”)
OUTCOME OF DISCIPLINARY ENQUIRY
Shareholders are referred to the announcement issued over SENS on 19 November 2012.
In that regard, shareholders are advised that Mr Charles Jacobs, a director of Austro and the Chief
Executive Officer (“CEO”) of Austro Proprietary Limited (“Wood”), a subsidiary of Austro, has been
dismissed, effective immediately, following the outcome of a disciplinary enquiry.
Until further notice, Mr Jonathan Orde Freed, the managing director of New Way Power Proprietary
Limited, a subsidiary of Austro and sister company of Wood will continue to manage Wood as he has
during the period that Mr Jacobs was suspended from his duties.
The Board of Directors are confident that Jonathan will ensure the enhanced continuation of the
business.
13 December 2012
Sponsor
Java Capital
Date: 13/12/2012 01:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
