Trustco has informed its shareholders that its suspension by the Johannesburg Stock Exchange, JSE has been lifted and that its shares will start trading today.

The news of the lifting was welcomed by the Deputy Chief Executive Officer, of Trustco Group, Quinton van Rooyen Junior. 

The JSE-listed financial services, property, and mining company were suspended from the bourse in November for overstating its financial results.

Trustco was found to have incorrectly entered N$1.5 billion after the company's founder, Quinton van Rooyen, waived two loans he made to the group.

The JSE ordered the company to restate its financial results, which Trustco fought up to the Supreme Court, where an appeal was lodged after the Gauteng High Court upheld a Financial Services Tribunal verdict on the suspension.

In a statement, the company said the JSE will lift the suspension today, allowing its shares to start trading.

Trustco shares had fallen by 16% to 41 cents, and their value stood at N$791 million after the announcement of the suspension.

The Deputy Group CEO, Quinton van Rooyen Junior, said he is happy that the long-running saga has ultimately come to an end.

He said that it is necessary to comply with the regulator's decision, even if you disagree.