Our website has detected that you are using an outdated browser that will prevent you
from accessing
certain features. An upgrade is recommended to improve you browsing experience.
Further to the announcement of 2 March 2017, whereby all eligible South Africans were invited to acquire 149 200 shares in the SARB which became available for sale last year, after the High Court of South Africa had directed some SARB shareholders and their associates to sell shares that were in excess of the statutory limit of 10 000 shares per person, together with their associates, the SARB wishes to provide an update.Following the SARB announcement yesterday, the SARB has received an unexpected and overwhelming response from the public expressing an interest to acquire shares. Given the limited number of shares available, offers to purchase SARB shares by far exceed the number of shares available. The SARB therefore has no further option but to advise that it is unfortunately unable to accept any further offers to purchase any of the 149 200 involved.Issued by SARB Media Relationsmedia@resbank.co.za