Trustco Group Holdings Limited ("TRUSTCO"): Late submission of provisional report and annual financial statements

TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
Registered as an external company in South Africa
(External registration number 2009/002634/10)
NSX share code: TUC
JSE share code: TTO
OTCQX share code: TSCHY
ISIN Number: NA000A0RF067
(“Trustco” or “Company”)


TRUSTCO GROUP HOLDINGS LIMITED ("TRUSTCO"): LATE SUBMISSION OF
PROVISIONAL REPORT AND ANNUAL FINANCIAL STATEMENTS (“PROVISIONAL
REPORT” AND "ANNUAL REPORT")


Shareholders of Trustco are referred to the SENS announcement released by the JSE on 3
January 2023 regarding the late submission of the provisional report and Annual Financial
Statements (“Provisional Report” and "AFS").

In a letter dated 3 January 2023 to Trustco, the JSE advised that in terms of paragraphs
1.12, 1.13 and 3.17(a) of the Listings Requirements, following the Company not submitting
its Provisional Report by close of business on 31 December 2022, the JSE issued a letter
of non-compliance against Trustco.

Shareholders are advised that the Company submitted a letter to the JSE dated 17 January
2023, wherein the Company advised the JSE that the auditors, advisors and management
of Trustco are actively working towards finalising the AFS together with the required
Restatements.


The Company anticipates that the AFS and the Restatement will be published by 31 January
2023. To this, the JSE has agreed not to take further steps or deliberations to terminate the
listing of Trustco’s securities.

Shareholders will be kept abreast of the progress of the publication of the AFS.


Windhoek, Namibia,
23 January 2023


Komada Holdings (Pty) Ltd
Company Secretary and Investor Relations Services to Trustco Group Holdings
Limited


JSE Sponsor
Vunani Sponsors


NSX Sponsor
Simonis Storm Securities Proprietary Limited – Windhoek


OTCQX Sponsor
J.P Galda & Co – New York


Date: 23-01-2023 05:02:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Where to find us

Namibian Stock Exchange Contacts

Tiaan Bazuin – Chief Executive Officer
Alexandrea Ullrich – Chief Financial Officer
Johene Saal – Chief Information Officer
Namene Shejavali-Lungu – Chief Regulatory Officer
 
Namibian Stock Exchange
4 Robert Mugabe Avenue
Entrance from Dr. Theo-Ben Gurirab Street
P.O.Box 2401
Windhoek
Namibia
Tel: +264 61 227 647
Fax: +264 61 248 531
E-mail: info@nsx.com.na

Transfer Secretaries Contacts

Alexandrea Ullrich – Manager
Adelheid Scholtz – Senior Administrator
Carol-Ann Meintjies – Administrator
Theresia Kavangelwa – Administrator
 
Transfer Secretaries
4 Robert Mugabe Avenue
Entrance from Dr. Theo-Ben Gurirab Street
P.O.Box 2401
Windhoek
Namibia
Tel: +264 61 227 647
Fax: +264 61 248 531
E-mail: ts@nsx.com.na
© 2021 Namibian Stock Exchange

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