CANNABIS INDUSTRY
BREAKING NEWS
JSE Issues Warning As Labat Fails Yet Again to Submit Financial Statements Timeously.
The JSE has given one of South Africa’s leading cannabis companies until the end of the month to produce its annual financial report or face suspension.
Cannabiz Africa/SENS
2 October 2023 at 12:00:00
This is the report issued by the JSE’s SENS on 2 October 2023:
LATE SUBMISSION OF ANNUAL REPORT
The Johannesburg Stock Exchange (“JSE”) wishes to advise that the above-mentioned company has
failed to submit its annual report within the four-month period stipulated in the JSE's Listings
Requirements.
Accordingly, the company’s listing on the JSE trading system has been annotated with a "RE" to
indicate that it has failed to submit its annual report timeously and that the listing of the company’s
securities is under threat of suspension and possible removal.
If the above-mentioned company still fails to submit its annual report on or before 31 October 2023,
then its listing may be suspended.
This announcement has been placed by the JSE in the interest of the shareholders.
2 October 2023
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