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COPPER 360 LIMITED - Suspected market manipulation

Release Date: 23/04/2024 11:50
Code(s): CPR     PDF:  
Wrap Text
Suspected market manipulation

Copper 360 Limited
(Incorporated in the Republic of South Africa)
Registration number 2021/609755/06
JSE Share Code: CPR ISIN: ZAE000318531
("the Company")

SUSPECTED MARKET MANIPULATION

The Company has noticed unusual and uncommercial trades in its shares, resulting in a
substantial drop in its traded price. The trades in question have continued on a systematic and
sustained basis for a period of several weeks.

The Company has requested the Financial Sector Conduct Authority to investigate potential
breaches of the Financial Markets Act in relation to the trades; and has commenced with an
inquiry into the trades in terms of Section 56(3) of the Companies Act.

If the investigations reveal impropriety, the Company intends to take steps to recover any losses
it may have sustained as a result, and to prefer criminal charges against responsible individuals
and institutions.

Stellenbosch
23 April 2024
Designated advisor: Bridge Capital Advisors Proprietary Limited

Date: 23-04-2024 11:50:00
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