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Report by the Directorate of Market Abuse

28 August 2007 Financial Services Board

The DMA (Directorate of Market Abuse) held its 6th meeting at the FSB (Financial Services Board) on 28 August 2007.

Below is a list detailing the current status of insider trading and market manipulation investigations. It should be noted that insider trading and market manipulation investigations are not into the affairs of the companies listed but into trading in shares on the stock exchange.

 

Possible insider trading cases

 

Security

JSE Code

Period

Case status

1.     AfriOre Limited

AFO

2006-11

Ongoing

2.     Amalgamated Appliance Holdings Limited (3)

AMA

2007-04

Ongoing

3.     Arch Equity Limited

ACH

2006-02

Ongoing

4.     Blue Financial Services Limited

BFS

2006-10  2006-11

Closed

5.     Bonantla Property Holdings Limited

BNT

2007-01-02  2007-05-17

Ongoing

6.     Cape Empowerment Trust Limited

CAE

2006-10  2006-11

Ongoing

7.     Consol Limited

CSL

2006-11  2006-12

Ongoing

8.     Gold Fields Limited

GFI

2007-03  2007-04

Ongoing

9.     Italtile Limited

ITE

2006-06  2007-04

Ongoing

10.  Rainbow Chicken Limited

RBW

2007-03

Ongoing

11.  Sallies Limited

SAL

2007-03

Ongoing

12.  Sekunjalo Investments Limited

SKJ

2007-04  2007-05

Ongoing

13.  Set Point Technology Holdings Limited (2)

STO (2)

2006-09

Referred to the Prosecuting Authorities

14.  Steinhoff International Holdings Limited

SHF

2004

Closed

15.  Tiger Brands Limited

TBS

2007-04

Ongoing

16.  York Timber Organisation Limited

YRK

2007-03 ‑ 2007-04

Ongoing

 

Possible market manipulation cases

 

Security

JSE Code

Period

Case status

1.     None

 

 

 

 

Investigations are "closed" once it becomes evident that no, or insufficient evidence has been obtained to warrant action in terms of the Act.

 

 

Possible false or misleading reporting cases

 

In addition to the above, the DMA has three possible false or misleading reporting matters under investigation.

 

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