234x Filetype PPTX File size 0.24 MB Source: pmg.org.za
Roles of the DMA and the JSE Financial Services Board Directorate of Market Abuse The DMA has the powers to - investigate insider trading; false statements, and market manipulation by any person; and institute civil and criminal proceedings JSE Issuer Regulation Market Regulation monitor listed entities’ adherence to the surveillance of trading in securities JSE’s LR and enforcement of the LR; listed on the JSE to identify potential identification of false statements insider trading or market published by listed entities; and manipulation; and report potential false statements to report potential insider trading or DMA market manipulation to DMA Steinhoff International on the JSE Ordinary shares Ordinary shares Primary listing - FSE Primary listing - FSE Secondary listing - JSE Secondary listing - JSE Preference shares Preference shares Primary listing - JSE Primary listing - JSE Suspended 1 Mar 2018 Suspended 1 Mar 2018 DMTN bonds DMTN bonds Ordinary shares Primary listing - JSE Ordinary shares Primary listing - JSE Primary listing - JSE Suspended 1 Mar 2018 Primary listing - JSE Suspended 1 Mar 2018 3 Programme deregistered – 7 March 2018 Programme deregistered – 7 March 2018 Status of Steinhoff listings on JSE as at 23 Mar 2018 Issuer Securities Primary Secondary Status Exchange Exchange Steinhoff International Holdings NV Ordinary shares FSE JSE Unchanged Steinhoff Investment Holdings Ltd Preference shares JSE - Suspended by JSE 1 Mar 2018 Steinhoff Services Ltd DMTN bonds JSE - Suspended by JSE 1 Mar 2018, listing terminated and programme deregistered 7 Mar 2018 Steinhoff Africa Retail Ltd Ordinary shares JSE - Unchanged JSE Steinhoff Statistics for period 5 Dec 2017 to 23 Mar 2018 SENS messages 5 Dec 2017 to 31 Jan 2018 1 Feb 2018 to 23 Mar 2018* Steinhoff International Holdings N.V. (ordinary shares) 29 13 Steinhoff Investment Holdings Limited (preference shares) 2 3 Steinhoff Services Limited (DMTP bonds) 8 1 Circuit breakers 5 Dec 2017 to 31 Jan 2018 1 Feb 2018 to 23 Mar 2018* Steinhoff International Holdings N.V. (SNH) 159 27 All ordinary shares 1453 1019 SNH % of all ordinary shares 11% 3% *12h00 Nature of regulatory steps to date Issuer regulation • Bond and preference share suspension • Interaction with SNH regarding accounting concerns • Awaiting PWC report • Continued interaction with FSE • Consideration of future preventative regulatory and governance refinements Market regulation • Relevant trades referred to FSB for further investigation • Continue to monitor trading activity as part of routine surveillance
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