General SENS Submitter Company - Gen - General - Removal of Listing Announcement

Gen - General - Removal of Listing Announcement

Gen - General - Removal of Listing Announcement

BASIL READ HOLDINGS LIMITED (THE "ISSUER")

ISIN: ZAE 000029781 SHARE CODE: BSR



Removal of Listing Announcement

The Issuer has a primary listing on the Mainboard of the Johannesburg Stock Exchange ("JSE"). On 21
June 2018, the Issuer was suspended from trading on the JSE at the instance of the Issuer pursuant to
paragraph 1.10(a)(iii) of the JSE Listings Requirements (the "Requirements") due to its wholly owned
operating subsidiary being placed in voluntary business rescue proceedings on 15 June 2018.

In terms of paragraph 1.8 of the Requirements "If a listing is suspended and the affected applicant
issuer fails to take adequate action to enable the JSE to reinstate the listing within a reasonable period
of time, the JSE may remove the listing in accordance with the procedure set out below".

Based on the failure of the Issuer to remedy the various non-compliances since its suspension on 21
June 2018, the JSE advised the Issuer that it is considering the removal of the Issuer's listing at the
instance of the JSE pursuant to section 12(2) of the Financial Markets Act no. 19 of 2012 and section
1.12 and 1.13 of the Requirements.

The JSE provided the Issuer with the opportunity to make written representations as to why the
removal of the Issuer should not be effected. After careful consideration of the representations by the
Issuer, the JSE informed the Issuer that it has decided to remove the Issuer's listing and advised the
Issuer of its right to appeal the decision pursuant to paragraph 1.5 of the Requirements. The Issuer did
not appeal the decision.

Accordingly, shareholders are advised that the Issuer's listing will be removed from the
commencement of business on Monday, 8 July 2024 and that they will remain shareholders in an
unlisted company. Accordingly, the last day to trade (off-market) will be Tuesday, 2 July 2024 and the
record date will be Friday, 5 July 2024.



28 June 2024

Date: 28-06-2024 11:55:00
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