STEFANUTTI STOCKS HOLDINGS LIMITED - Posting of summarised consolidated annual financial statements, change statement and notice of annual general meetin

Posting of summarised consolidated annual financial statements, change statement and notice of annual general meetin

        Stefanutti Stocks Holdings Limited
        (Registration number 1996/003767/06)
        Share code: SSK
        ISIN ZAE: 000123766
        (“Stefanutti Stocks” or “the company”)

        POSTING OF SUMMARISED CONSOLIDATED ANNUAL FINANCIAL STATEMENTS, CHANGE
        STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING


        Shareholders are advised that the Summarised Consolidated Annual Financial Statements for the year
        ended 28 February 2021, and the notice of annual general meeting has been dispatched to shareholders
        today, 28 June 2021.


        The Integrated Annual Report, together with the Consolidated Annual Financial Statements, are available
        on the company’s website www.stefanuttistocks.com. In addition, copies of the Integrated Annual Report
        and the Consolidated Annual Financial Statements are available at the company’s registered office or on
        request from the company secretary at w.somerville@mweb.co.za.

        The Consolidated Annual Financial Statements, subject to the reclassification of the Statement of Cash
        Flows as noted in the table below, contain no modifications to the reviewed results published on 27 May
        2021.


        Statement of Cash Flows – reclassification of lease payments between operating activities and financing
        activities:


                                    Reviewed           Audited         Change         Reviewed          Audited      Change
                                   Condensed        Consolidated                     Condensed       Consolidated
                                  Consolidated         Annual                       Consolidated        Annual
                                     Results          Financial                        Results         Financial
                                                     Statements                                       Statements
                                   28 February       28 February     28 February     29 February      29 February   29 February
                                      2021              2021            2021            2020             2020          2020
                                      R’000             R’000           R’000           R’000            R’000        R’000
Cash consumed by operations         (242 131)         (209 145)        32 986         (751 406)        (674 090)      77 316
Finance costs                       (113 590)         (117 711)        (4 121)         (65 952)        (76 011)      (10 059)
Cash flows from operating           (392 310)         (363 445)        28 865         (817 975)        (750 718)      67 257
activities
Cash flows from financing              259 026           230 161          (28 865)          531 218          463 961      (67 257)
activities


        The company’s auditors, Mazars, have audited the Consolidated Annual Financial Statements and their
        unqualified report with an emphasis of matter, is available for inspection at the company’s registered office
        as well as on the company’s website.


        The Annual General Meeting (“AGM”) of Stefanutti Stocks’ shareholders for the year ended 28 February
        2021 will be held on Friday, 6 August 2021 at 12:00, entirely through electronic communication as permitted
        by the Memorandum of Incorporation of the company and the Companies Act, 71 of 2008, as amended,
        and, if deemed fit, to pass with or without modification all of the ordinary and special resolutions set out in
        the notice of annual general meeting attached to the summarised consolidated financial statements.


        Shareholders are strongly encouraged to submit votes by proxy before the meeting. If shareholders wish
        to participate in the AGM, they should instruct their Central Securities Depository Participant (CSDP) or
        broker to issue them with the necessary letter of representation to participate in the AGM, in the manner
        stipulated in their custody agreement. These instructions must be provided to the CSDP or broker by the
        cut-off time and date advised by the CSDP or broker, to accommodate such requests.


        The record date for shareholders to be recorded as such in the securities’ register of Stefanutti Stocks in
        order to be able to attend, participate and vote at the AGM is Friday, 30 July 2021. Accordingly, the last
        date to trade to be eligible to attend, participate and vote at the AGM is Tuesday, 27 July 2021.


        Johannesburg
        28 June 2021
        Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 28-06-2021 01:00:00
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