RANDGOLD & EXPLORATION COMPANY LTD - Voluntary Announcement: Notification to shareholders of R&ERegarding a class action
RNG 201301220026A
Voluntary Announcement: Notification to shareholders of R&E
Regarding a class action
Randgold & Exploration Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1992/005642/06)
Share code: RNG
ISIN: ZAE000008819
("R&E" or "the Company")
VOLUNTARY ANNOUNCEMENT: NOTIFICATION TO SHAREHOLDERS OF R&E
REGARDING A CLASS ACTION
Shareholders of R&E are hereby advised that the Company has
yesterday, 21 January 2013, been served with an application
seeking the permission of the High Court to pursue a class action
for damages against R&E, and 29 other respondents.
The application is brought by thirty applicants, comprising of
current and former mineworkers who claim to have contracted
silicosis alternatively by the dependants of mineworkers who died
as a result of silicosis contracted on certain gold mines in South
Africa, which are alleged to have been owned and/or controlled at
various times by the respondents to the application.
R&E is cited as the twenty ninth respondent.
The Company is currently reviewing the application and obtaining
legal advice on the appropriate course of action. Shareholders
will be kept abreast of further developments.
Sandton
22 January 2013
Sponsor:
PSG Capital
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