AFRICAN BANK INVESTMENTS LIMITED - Publication of the Standard General Insurance Company Limited (STANGEN) Annual Financial Statements
ABLP ABL 201602240040A
Publication of the Standard General Insurance Company Limited (“STANGEN”) Annual Financial Statements
AFRICAN BANK INVESTMENTS LIMITED (In business rescue)
Incorporated in the Republic of South Africa
(Registration number 1946/021193/06)
Ordinary share code: ABL ISIN: ZAE000030060
Preference share code: ABLP ISIN: ZAE000065215
(“ABIL” or “the Company”)
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PUBLICATION OF THE STANDARD GENERAL INSURANCE COMPANY LIMITED (“STANGEN”)
ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2015
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1. The board of directors of ABIL and the joint business rescue practitioners are
cognisant of the uncertainty facing shareholders with regard to their investment
in the Company as a result of the unavoidable delay in the publication of the
group financial results for the year ended 30 September 2014, the interim
six month period ended 31 March 2015 and the year ended 30 September 2015.
2. ABIL is a holding company with three major subsidiaries, namely Ellerine Holdings
Limited, African Bank Limited and Stangen.
3. A decision has been taken to provide shareholders with the financial statements
of Stangen for the year ended 30 September 2015. Such financial statements
can be accessed at
http://abil.investoreports.com/investor-media/results-presentations/.
By order of the board and the joint business rescue practitioners
Midrand
24 February 2016
Sponsor
Merchantec Capital
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