Trencor delisting and winding-up faces certificate delay

Trencor Limited announced a delay in its proposed delisting and voluntary winding-up, pending the issuance of a JM12 certificate by the Master of the High Court. This certificate is required to dispense with security normally furnished to the Master, as contemplated under Section 80(3)(b) of the Companies Act, referred to as the "JM12 Condition." Shareholders were initially informed of the plans in announcements published on SENS on May 29, 2025, and June 30, 2025. The company assured investors that it would release further information, including a revised timetable for the Special Dividend, once the JM12 Condition has been met. Trencor Services Proprietary Limited serves as the secretary for the company, with Investec Bank Limited acting as sponsor.