Eskom’s interim results for the six months to end-September needed to be published by December 31 to meet the JSE’s rules.
"Accordingly, this announcement is issued to warn holders of debt
securities [that] if the issuer fails to submit its interim report on or
before January 31,
the issuer’s debt securities and the issuer’s
registration of the programme memorandum may be suspended in accordance
with the provisions of the JSE’s debt listings requirements," the bourse
said in a statement.
Eskom warned its bondholders on December 23 that it was postponing
releasing its results "until early next year in order to afford us the
opportunity to review the impact of the 5.23% price increase as well as
to allow the newly appointed board members sufficient time to review the
financials".
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