Barloworld investigation into export violations shows no US sanctions
Barloworld Limited (JSE:BAWE) today announced an update on its voluntary investigation into potential violations of U.S. export control regulations. Shareholders were previously informed on May 26, 2025, that the U.S. Department of Commerce's Bureau of Industry and Security ("BIS") granted the company an extension until September 2, 2025, to complete the investigation. As of today, the company advises that its review has not identified any U.S. sanctions violations. The investigation is progressing, with Barloworld preparing to submit its final report to BIS within the current deadline. Nedbank Corporate and Investment Banking serves as JSE Sponsor for Barloworld.
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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