July 18, 2018

Ciboney Group Limited (CBNY) has advised that Finsac’s attempt in April 2018 to sell its 72% shareholding in the company was aborted and hence the prospect of achieving a change of ownership within the first quarter of the new financial year cannot now be achieved. Finsac has advised that it intends to renew efforts to identify an investor for these shares and in this regard, will be running an advertisement shortly.