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Quarterly Update Suspension Announcement
PSV Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/004365/06)
Share code: PSV ISIN: ZAE000078705
("the Company")
QUARTERLY UPDATE SUSPENSION ANNOUNCEMENT
In terms of paragraph 1.11(c) of the JSE Listings Requirements, the Company is required
to provide an update to shareholders regarding the current state of affairs of the
Company until its suspension is lifted.
Further to the previous quarterly update announcements, the last of which was dated
30 September 2024, shareholders are advised that the consideration of the
recapitalisation of the Company is still ongoing.
A provisional liquidator was appointed who reached out to DNG Energy Limited's legal
counsel to discuss a proposal. In this regard, there have been no further developments
to date.
The Company remains aware that any proposed recapitalisation of the Company will
need to comply with the JSE Listings Requirements and Takeover Regulations, where
applicable.
Shareholders are also reminded that the Company remains under cautionary and will
continue to inform shareholders of the progress in this regard.
Johannesburg
20 December 2024
Designated Advisor
AcaciaCap Advisors Proprietary Limited
Date: 20-12-2024 11:34:00
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