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GEN ¡V REMOVAL OF LISTINGS ON THE JSE: VARIOUS ISSUERS 1 ALLIANCE MINING CORPORATION LIMITED ALPHA CODE: ALM ISIN: ZAE000104733 6 PAMODZI GOLD LIMITED ALPHA CODE: PZG ISIN: ZAE000088563 2 AFRICA CELLULAR TOWERS LIMITED ALPHA CODE: ATR ISIN: ZAE000088084 7 PINNACLE POINT GROUP LIMITED ALPHA CODE: PNG ISIN: ZAE000127122 3 BIOSCIENCE BRANDS LIMITED ALPHA CODE: BIO ISIN: ZAE000115036 8 SANYATI HOLDINGS LIMITED ALPHA CODE: SAN ISIN: ZAE000081055 4 ERBACON INVESTMENT HOLDINGS LIMITED ALPHA CODE: ERB ISIN: ZAE000111571 9 SEA KAY HOLDINGS LIMITED ALPHA CODE: SKY ISIN: ZAE000102380 5 FARITEC HOLDINGS LIMITED ALPHA CODE: FRT ISIN: ZAE000016838 10 SQUARE ONE SOLUTIONS GROUP LIMITED ALPHA CODE: SQE ISIN: ZAE000023768 The JSE recently advised the above issuers that it was considering the removal of the respective listings of the issuers at the instance of the JSE pursuant to the provisions of paragraphs 1.11 and 1.12 of the JSE Listings Requirements (the ¡§Requirements¡¨). All the issuers had been suspended and subsequently placed in final liquidation. The issuers are further not in a position to comply with the Requirements. Although the above issuers have been suspended from trading, each issuer is still obliged to comply with the provisions of the Requirements and issue update reports to the JSE on the status of the affairs of the issuer. Notwithstanding the provisions of the Requirements, obtaining status updates from liquidators on the issuers in a timely manner has been challenging as the liquidators execute their mandates pursuant to the provisions of the Companies Act No. 71 of 2008 and not the Requirements. The JSE does however engage with liquidators through the process to establish whether there will be any value returning to shareholders. Where the JSE has received an indication that no value will be returning to shareholders, it will only then consider the removal of the listing of the issuer. Before the listing of an issuer may be removed from the JSE, the JSE must pursuant to the provisions of the Financial Markets Act No. 19 of 2012 and the Requirements ¡V „h inform the issuer of its intention to remove the listing; „h give the issuer the reasons for the intended removal of listing; and „h call upon the issuer to show cause, within a period specified by the JSE, why the removal of listing should not be effected. After engagement with the liquidators, the JSE followed the above due process and provided all the issuers with an opportunity to make written representations to the JSE as to why the removal should not be effected. The issuers, through the liquidators, raised no objection to the removal of listing on the basis that no payments or value would be forthcoming to shareholders after realising value on any assets. As a result the issuers were not able to show cause to the JSE as to why the removal of the respective listings should not be effected and accordingly the JSE will commence with the removal of the listings. Shareholders are therefore advised that the listings of the respective issuers will be removed from the commencement of business on Monday, 20 June 2016 and that shareholders will remain shareholders in unlisted companies. Accordingly, the last day to trade (over the counter) will be Thursday, 09 June 2016 and the record date will be Friday, 17 June 2016. Details of the liquidators are below in respect of each issuer. 09 June 2016 Contact Details of Liquidators 1 ALLIANCE MINING CORPORATION LIMITED ALPHA CODE: ALM ISIN: ZAE000104733 6 PAMODZI GOLD LIMITED ALPHA CODE: PZG ISIN: ZAE000088563 Liquidator: Westrust (Pty) Limited [Norman Klein] Contact number: [011 728 3222] E-mail address: [nklein@westrust.co.za] Liquidator: Westrust (Pty) Limited [Allan Pellow] Contact number: [011 728 3222] E-mail address: [apellow@westrust.co.za] 2 AFRICA CELLULAR TOWERS LIMITED ALPHA CODE: ATR ISIN: ZAE000088084 7 PINNACLE POINT GROUP LIMITED ALPHA CODE: PNG ISIN: ZAE000127122 Liquidator: Independent Advisory [Anneke Barnard] Contact number: [011 991 5518] E-mail address: [annekeb@corprecover.co.za] Liquidator: Mazars Cape Town [Chris van Zyl] Contact number: [021 818 5154] E-mail address: [Chris.vanZyl@mazars.co.za] 3 BIOSCIENCE BRANDS LIMITED ALPHA CODE: BIO ISIN: ZAE000115036 8 SANYATI HOLDINGS LIMITED ALPHA CODE: SAN ISIN: ZAE000081055 Liquidator: Westrust (Pty) Limited [Norman Klein] Contact number: [011 728 3222] E-mail address: [nklein@westrust.co.za] Liquidator: D&T Trust (Pty) Ltd [Mr. TW van den Heever] Contact number: [011 672-8700] E-mail address: [theo@dttrust.co.za] 4 ERBACON INVESTMENT HOLDINGS LIMITED ALPHA CODE: ERB 9 SEA KAY HOLDINGS LIMITED ALPHA CODE: SKY ISIN: ZAE000111571 ISIN: ZAE000102380 Liquidator: D&T Trust (Pty) Ltd [Mr. TW van den Heever] Contact number: [011 672-8700] E-mail address: [theo@dttrust.co.za] Liquidator: Westrust (Pty) Limited [Monica Cowin] Contact number: [011 728 3222] E-mail address: [mcowin@westrust.co.za] 5 FARITEC HOLDINGS LIMITED ALPHA CODE: FRT ISIN: ZAE000016838 10 SQUARE ONE SOLUTIONS GROUP LIMITED ALPHA CODE: SQE ISIN: ZAE000023768 Liquidator: D&T Trust (Pty) Ltd [Mr. TW van den Heever] Contact number: [011 672-8700] E-mail address: [theo@dttrust.co.za] Liquidator: Independent Advisory [Dawie Van der Merwe] Contact number: [Tel: (011) 991 5514] E-mail address: [dawiev@corprecover.co.za]
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