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'Inaccurate info' used in Survé-linked AYO's pre-listing statement ahead of R4.3bn deal - exec | Business

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The head of BT-SA (formerly British Telekom) has testified that IT group AYO shared inaccurate and confidential internal BT documents in its pre-listing statement before its shares started to trade on the JSE in late 2017. | News24_Business

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The head of BT-SA has testified that IT group AYO shared inaccurate and confidential internal BT documents in its pre-listing statement before its shares started to trade on the JSE in late 2017. BT-SA managing director Bertrand Delport said the group found many examples of information in the PLS that had not been approved by BT-SA for release.

Delport was giving evidence in the Public Investment Corporation's civil case to claw back the R4.3 billion it invested in AYO in late 2017. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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