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Quarterly suspension update
AFRICAN DAWN CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/020520/06)
Share code: ADW
ISIN Code: ZAE000223194
("Afdawn" or "the Company")
QUARTERLY SUSPENSION UPDATE
Shareholders are referred to the suspension in trading of the Company's shares on the JSE
which came into effect on 14 July 2025 ("Suspension"), for failing to publish its audited annual
financial statements for the year ended 28 February 2025 ("FY25 AFS") within the prescribed
period.
In terms of paragraph 1.11(c) of the JSE Listings Requirements, the Company is required to
provide an update to shareholders on a quarterly basis regarding the current state of affairs of
the Company until the Suspension is lifted.
Following the SENS announcement dated 21 October 2025, Afdawn is still busy with the
Auditors to finalise the 28 February 2025 audit and it is anticipated that the FY25 AFS will be
distributed no later than 15 February 2026 and the Annual Report will be distributed no later
than 28 February 2026. The Company will thereafter commence the processes necessary to
lift the Suspension.
The Company's interim financial results for the six months ended 31 August 2025 ("Interim
Results") were required to be published by no later than 30 November 2025, in accordance
with the JSE Listing Requirements. It is the Company's intention to publish its Interim Results
on or before 28 February 2026.
Further updates will be communicated to the market as may be required.
Johannesburg
30 January 2026
Designated Advisor
PSG Capital
Date: 30-01-2026 09:40:00
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