Shares suspended Platfields was on Thursday advised that an order for the provisional liquidation of the company was granted by the High Court of South Africa on 30 October 2015 with a return date for a final liquidation order on 14 December 2015.

The directors are currently investigating the circumstances surrounding the application as they were not made aware of it.

The company will also be holding discussions with the consortium, from whom an offer to subscribe for shares had been received, in order to determine the way forward in relation to this situation.

Platfields shares remains suspended due to the requirement to finalise and publish interim results for the six months ended 31 August 2013 and 31 August 2014, the years ended 28 February 2014 and 28 February 2015.

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