STAR - Tekkie Town sens...
UPDATE ON COURT ORDER AGAINST PREVIOUS TEKKIE TOWN MANAGEMENT TEAM Shareholders are referred to the SENS announcement made on 6 July 2018 pertaining to an interim court order against, inter alia, four senior members of the previous Tekkie Town management team, interdicting the respondents (“Respondents”) from conducting certain actions against Tekkie Town. On 31 July 2018 all parties agreed to an order which protects the Tekkie Town data and further protects the Tekkie Town business against possible interference with its IT systems, servers, networks and hardware or software. In terms of the court order: 1) All the Respondents undertake not to use information proprietary to Tekkie Town; 2) All the Respondents undertake to destroy any copies or records of @star-speciality and @tekkietown email accounts, with the exception of identified email accounts used for private business and file an affidavit by 15 August 2018 that this has been done; 3) All the Respondents undertake to destroy any other data proprietary to Tekkie Town and file an affidavit by 15 August 2018 that this has been done; and 4) Two senior members of the previous Tekkie Town management team record that they will not access or interfere with (or attempt to do so) the Tekkie Town information technology system, server or network or any Tekkie Town hardware or software either in its head office or in any store, in any manner whatsoever. This outcome is very positive for Tekkie Town and STAR. The interim interdict served as an immediate prevention of possible interference while the court order made on 31 July 2018 protects the business in the longer term. Parow 1 August 2018