The original 3 week Lockdown Directive announced by the South African Government was subsequently extended past the original deadline of 16^th April 2020 with no specific end date in mind. The Lockdown will now be lifted gradually in phases, which will depend on the levels of infection in the country, and may differ from area to area. As such, CASA applied for, and was granted Essential Service Provider status, which allows the company to resume limited operations, whilst at the same time still adhering to the broader lockdown regulations.
We refer to the announcements dated 5th July 2018 and 18th June 2019 in relation to the activities of Direct Market Touch Limited and their trading in the Company’s ordinary shares. We have been notified by the Financial Conduct Authority that their investigation into Direct Market Touch Limited is now closed and no further action is to be taken.
On 23 March 2020, a Directive was issued by the South African Government requiring a 21-day national lockdown, effective midnight Thursday 26 March 2020 to midnight Thursday 16 April 2020, in order to contain the spread of the coronavirus in the country (the “Lockdown Directive”).
In accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules, the Board of CIA confirms that the Company has 1,139,265,301 ordinary shares of 0.25 pence each in issue, each share carrying the right to one vote. The Company does not hold any Ordinary Shares in treasury.
The Company wishes to inform the market that Filippo Fantechi has been confirmed as the Chief Executive Officer of the Company. The change reflects Filippo’s founding position of the CoalTech Group and his ability and experience in the energy, utility and construction sectors. […]
The Company is pleased to announce that the final tranche Consideration Shares in respect of CoalTech Limited, pursuant to the Acquisition, can now be allotted and issued to the South African (“SA”) Resident Vendors. Consideration Shares amounting to 243,553,571 new Ordinary Shares will be issued to the SA Resident Vendors. […]
In July 2019, the Company completed the acquisition of CoalTech Limited and its wholly owned subsidiary, Coal Tech LLC, and Coal Agglomeration South Africa (Pty) Ltd (together the “CoalTech Group”) and was re-admitted to trading on the NEX Exchange. […]
On 16 December 2018, the Company entered into a binding sale and purchase agreement to conditionally acquire 97.5% of CoalTech Limited (“CoalTech”) and 97.5% of Coal Agglomeration South Africa (Pty) Ltd (“CASA”). The Company already owned the remaining shares in both CoalTech and CASA (each equating to 2.5% of the share capital of both CoalTech and CASA). […]