JSE Securities Exchange South Africa - Non-Disclosure of dealings in Iscor
Limited shares
Press release
26 September 2002
The JSE Securities Exchange South Africa ("JSE") advises that Iscor Limited
("Iscor") has been fined an amount of R200 000-00 due to non-adherence to the
JSE Listings Requirements relating to timeous disclosure of dealings in Iscor
shares by an associated company of an Iscor director. LNM Holdings N.V. ("LNM")
purchased the relevant shares arising, inter alia, from a Business Assistance
Agreement entered into by it with Iscor during 2001, the terms of which were
specifically approved by shareholders of Iscor in general meeting on 15 January
2002. Both Iscor and LNM have expressed their regret at the oversight.
This announcement has been placed in the interests of shareholders.
Date: 26/09/2002 04:52:51 PM Produced by the JSE SENS Department
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