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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Coal of Africa | LSE:CZA | London | Ordinary Share | AU000000CZA6 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 43.50 | 42.00 | 45.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCZA
RNS Number : 7052Z
Coal of Africa Limited
16 March 2017
ANNOUNCEMENT 16 March 2017
FINANCIAL SERVICES BOARD FINDING
Coal of Africa Limited ("CoAL" or "the Company") notes the judgement and fine lodged by the Financial Services Board ("FSB") against Mr Michiel Jakobus Brönn, Chief Operating Officer of the Company for the contravention of the Section 78 (1) (a) of the Financial Markets Act, 19 of 2012.
The Company has throughout ensured that all internal policies and governance processes were in place. The Company is in the process of reviewing the FSB findings, the details of which have been made public on 15 March 2017. The Company has placed Mr Brönn on suspension whilst the Company completes its internal review process.
For more information contact:
Chief Executive +27 10 003 David Brown Officer Coal of Africa 8000 Chief Financial +27 10 003 De Wet Schutte Officer Coal of Africa 8000 +27 10 003 Celeste Riekert Investor Relations Coal of Africa 8000 Endeavour Corporate +61 08 9316 Tony Bevan Company Secretary Services 9100
Company advisors:
Jos Simson/Emily Financial PR +44 20 Fenton (United Kingdom) Tavistock 7920 3150 Matthew Armitt/Ross Nominated Adviser Peel Hunt +44 20 Allister and Broker LLP 7418 8900 Charmane Russell/Olwen Financial PR Russell & +27 11 Auret (South Africa) Associates 880 3924 or +27 82 372 5816
Investec Bank Limited is the nominated JSE Sponsor
About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL's key projects include the Vele Colliery (coking and thermal coal), the Greater Soutpansberg Project /MbeuYashu, including CoAL's Makhado Project (coking and thermal coal).
This information is provided by RNS
The company news service from the London Stock Exchange
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(END) Dow Jones Newswires
March 16, 2017 09:04 ET (13:04 GMT)
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