Closure of FSB Investigation

Pinnacle Holdings Limited

(Previously Pinnacle Technology Holdings Limited)

Registration number 1986/000334/06

Share Code: PNC

ISIN: ZAE000184149

(“the Company”)

 

CLOSURE OF INVESTIGATION

 

The Company refers to its SENS announcement of 30 April 2014 stating that the Financial Services Board (“FSB”) has registered an investigation in terms of section 84 of the Financial Markets Act, Act 19 of 2012 (“FMA”), relating to a possible contravention of section 78 of the FMA (insider trading) (“the investigation”). The investigation relates to share transactions in the Company executed during March 2014.The Company was informed today that the Directorate of Market abuse at the FSB, at a meeting on 16 September 2014, decided to close the investigation and no enforcement action will be taken.

Midrand

16 September 2014

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd