FilingReader Intelligence

JSE censures AYO for share repurchase disclosure failure

June 5, 2025 at 09:01 PM UTCBy FilingReader AI

The JSE has imposed a censure and a suspended fine of ZAR500,000 on AYO Technology Solutions for breaching its listing requirements. The breach relates to AYO's failure to immediately disclose full details of a settlement agreement involving a repurchase of its ordinary shares from the Government Employees Pension Fund (GEPF) following legal proceedings initiated by the Public Investment Corporation (PIC) and the GEPF in March 2023.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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