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
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