TSOGO SUN GAMING LIMITED - Notice of availability of annual financial statements - TSGI

Notice of availability of annual financial statements - TSGI

Tsogo Sun Gaming Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1989/002108/06)
JSE Alpha code: TSGI
("Tsogo Sun Gaming" or the “Company”)

NOTICE OF AVAILABILITY OF ANNUAL FINANCIAL STATEMENTS

Tsogo Sun Gaming hereby confirms that its consolidated annual financial statements for the year
ended 31 March 2021 (“AFS”) have been published and are available on the Company’s website
(www.tsogosungaming.com/investors). The AFS were audited by PriceWaterhouseCoopers Inc and
the audit report relating to the AFS is unqualified.

The AFS are available for inspection at the Company’s registered office at Palazzo Towers East,
Montecasino Boulevard, Fourways, 2055.

The AFS contain the following reclassification and restatement for the 2020 financial year (“Prior
Year”):
• Reclassification of property and equipment rentals to “Other operating expense” as this is
  decreasing and no longer considered material to be reflected on the face of the income statement;
  and
• Restatement of reinsurance recoveries and insurance claims payable separately in terms of IFRS 4
  Insurance Contracts.

Full details of the reclassification and restatement are set out in note 45 of the AFS.

The Company advises that due to the disruptions caused by the Covid-19 pandemic, including that a
number of key employees (CFO included) were affected by the Covid-19 virus at a crucial time in the
preparation and co-ordination of the annual report, and further that the group’s businesses were
locked down from 28 June 2021 to 25 July 2021, the Company’s ability to complete the necessary work
required to finalise and distribute the annual report has been severely constrained, and accordingly,
the annual report will be published by no later than 17 September 2021.

In addition to the delay of the annual report discussed above, the Company has not submitted annual
financial statements for the guarantors under its programme memorandum registered with the JSE.
The Company has engaged with the JSE regarding this delay and has undertaken that the guarantors’
annual financial statements will be submitted by 6 August 2021. The JSE has confirmed that subject to
the Company complying with this undertaking to the JSE, its programme memorandum is currently
not under threat of suspension.

The Company will release an announcement upon submission of the annual financial statements for
the guarantors as well as upon publication of the annual report.

Fourways
30 July 2021

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 30-07-2021 05:45:00
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