HOSKEN CONSOLIDATED INVESTMENTS LTD - Further announcement relating to the suspension of executive chairman
HCI 201410230002A
Further announcement relating to the suspension of executive chairman
HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)
FURTHER ANNOUNCEMENT RELATING TO THE SUSPENSION OF EXECUTIVE CHAIRMAN
PENDING A DISCIPLINARY ENQUIRY
Shareholders are referred to the SENS announcement dated 22 October 2014,
wherein shareholders were informed that the Company has decided to suspend
the services of its executive chairman, Mr Marcel Golding, as an employee
pending a disciplinary enquiry into certain allegations of gross misconduct
by him.
Shareholders are further informed that the nature of the alleged misconduct
by Mr Golding, whilst serious in nature, is unlikely to adversely affect
the operations of the Company, or materially affect its financial
performance.
As soon as circumstances permit, a further announcement will be issued by
the Company.
Cape Town
23 October 2014
Sponsor: Investec Bank Limited
Date: 23/10/2014 07:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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