Sable Holdings considers JSE delisting
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2012-08-24 10:49:00
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Property investment company Sable Holdings [JSE:SBL] is considering a possible delisting from the JSE‚ it announced on Thursday.
The company said any delisting proposal would be accompanied by a cash offer at a price verified by an independent expert as being fair and would be made to all shareholders.
“Discussions in this regard are ongoing and accordingly shareholders are advised to exercise caution when dealing in their shares in the company‚” the company said.
The company’s share price was last at an unchanged R18.00. It’s one year high was R18.01 set on May 17 this year.
