COMPANIES: Nutritional Holdings shareholders have less than a week to trade shares before JSE listing is removed

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Shareholders in Nutritional Holdings have until Monday, 12 December, to trade shares on the JSE, following which the company’s listing will be removed as it has failed to meet listing requirements.

In May last year, Nutritional Holdings was suspended for various non-compliance with JSE listing requirements, including filing late and incorrect financial statements.

The company also announced that Ukusekela had signed an agreement for the supply of the “ultimate immune booster” to a leading manufacturing and distribution company in Germany. In a statement on the Stock Exchange News Service yesterday, the JSE said: “If a listing is suspended and the affected [company] 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.”

 

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