JSE LIMITED - GEN General - Sable Metals and Minerals Limited Censure imposed by the JSE on Sable Metals and Minerals Limited
JSER 201510160002A
GEN – General - Sable Metals and Minerals Limited – Censure imposed by the JSE on Sable Metals and Minerals Limited
GEN – General - Sable Metals and Minerals Limited – Censure imposed by the JSE on Sable Metals and
Minerals Limited
The JSE Limited (“JSE”) wishes to advise the following concerning certain findings by the JSE in respect of
Sable Metals and Minerals Limited (“Company”):
1. The JSE has found the Company to be in breach of paragraph 3.4(b) of the JSE’s Listings
Requirements (“LR”) for failing to publish a trading statement prior to the release of its annual
financial statements for the year ended 28 February 2014.
2. The JSE’s decision is based on the fact that the Company’s loss per share and its headline loss per
share was 66.68% lower in comparison to the previous corresponding period.
3. The Company published its annual financial statements on SENS on 4 June 2014 and confirmed to
the JSE that they had reasonable certainty of the above figures as early as 9 May 2014.
4. The JSE has decided to impose this public censure on the Company in relation to the above
mentioned breach of the LR.
Sandton
16 October 2015
Date: 16/10/2015 07:05:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
