Phumelela Under Pressure From JSE

End November deadline looms

In A SENS announcement issued on Friday 15 November, the Johannesburg Stock Exchange (‘JSE’) = advises  that Phumelela Gaming & Leisure Ltd has failed to submit its provisional report within the three-month period stipulated in the JSE’s Listings Requirements.

Accordingly, the company’s listing on the JSE trading system has been annotated with a ‘RE’ to indicate that it has failed to submit its provisional report timeously and that the listing of this company’s securities is under threat of suspension and possible removal.

If Phumelela still fails to submit its provisional report by end of November 2019, then its listing may be suspended.

This announcement has been placed by the JSE in the interest of shareholders.

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