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Brikor - scheme of arrangement & resignation of FD
Brikor has announced a delay in finalising its proposed scheme of arrangement, which involves repurchasing shares at 17 cents per share and delisting from the JSE. The distribution of the scheme circular has been extended to no later than 5 September 2026. Additionally, the company's Financial Director, Joaret Botha, has agreed to resign effective 31 October 2026, to pursue new opportunities, subject to shareholder approval of a Separation Agreement by 30 October 2026. The agreement stipulates her resignation from her director and employment roles, contingent on the scheme’s implementation or lapse.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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