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York Timber Holdings Limited (JSE:YRK) News - Update: NUMSA unprotected strike
York Timber Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1916/004890/06)
Share code: YRK
ISIN: ZAE000133450
(“York” or the “Company”)
UPDATE: NUMSA UNPROTECTED STRIKE
York shareholders (“Shareholders”) are referred to the announcement published on SENS on
13 May 2022, wherein York advised that certain employees of the Company, affiliated with the National
Union of Metalworkers of South Africa (“NUMSA”), embarked on a strike at York’s Escarpment operations
(“Strike”) from 25 April 2022.
The Labour Court confirmed the Strike as unprotected on 7 June 2022, whereafter ultimatums were issued
for employees to return to work. Disciplinary hearings were held, and sanctions were handed down for
employees who did not return to work.
Shareholders are advised that operations at the Company’s Escarpment facilities have been reinstated
(albeit not yet at full capacity).
Sabie, Mpumalanga
29 June 2022
Sponsor
One Capital
Date: 29-06-2022 12:28:00
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