Summary of updated findings
On 28 June 2016, Illovo Sugar was delisted from the JSE after Associated British Foods (already a major shareholder in Illovo Sugar) successfully acquired all of the ordinary shares issued in Illovo Sugar that it did not already own from minority institutional and private shareholders.1
Nevertheless, relevant updates have been added to the Full Disclosure 2015 findings, using, inter alia, Illovo Sugar’s 2015 Integrated Annual Report, in the sections Illovo Sugar’s disclosure of environmental non-compliances in annual reports and Environmental non-compliances reported by affected communities, the media & NGOs.
- https://www.illovosugar.co.za/Listed-Subsidiaries. For more information on the delisting, see: http://www.moneyweb.co.za/news/companies-and-deals/illovo-sugar-sticky-situation/ and https://www.illovosugar.co.za/UserContent/documents/Announcements/2016/Firm-Intention-Announcement.pdf (last accessed on 7 November 2016).
- Summary of updated findings
- Summary of findings and company response - 2015
- Company overview
- Non-compliance with environmental laws as reported in the National Environmental Compliance and Enforcement Reports
- Illovo Sugar Limited's disclosure of environmental non-compliances in annual reports
- Environmental non-compliances reported by affected communities, the media, & NGOs
- Major shareholders
- Membership of voluntary initiatives, accreditations and awards
- Illovo Sugar Limited's response to Full Disclosure