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JSE fines and censures Dipula nonexecutive director

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The local bourse imposed a R50,000 penalty on Brian Azizollahoff for selling shares in the Reit’s closed period

24 May 2023 – 12:04 Nico Gous

The JSE has censured and fined a nonexecutive director of diversified real-estate investment trust (Reit) Dipula for selling shares during its closed period.

The local bourse imposed a penalty of R50,000 on Brian Azizollahoff for not complying with the JSE’s Listings Requirements (https://www.jse.co.za/sites/default/files/media/documents/2019-04/JSE%20Listings%20Requirements.pdf) after he sold 28,116 shares to the tune of R108,352.81 in October 2022…

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