Availability of Forensic Report
Choppies Enterprises Limited
(Registration number 2004/1681)
JSE share code: CHP
BSEL share code: CHOPPIES
ISIN: BW0000001072
Tax reference number: C08710401018
(“Choppies” or the “Company”, together with its subsidiaries the “Group”)
AVAILABILITY OF FORENSIC REPORT
Further to the Company’s circular issued on 14 August 2019 and to related announcements
released on 14 August 2019, 27 August 2019 and 3 September 2019, shareholders are advised
as follows:
1. It has come to the attention of the board of directors of Choppies (the “Board”) that a
vast number of shareholders have not had the opportunity to review the Forensic Report
issued by Ernst & Young Advisory Services (Proprietary) Limited (“Ernst & Young”) in
respect of its independent Forensic Investigation into certain transactions to which the
Group was party.
2. The Board has, with a view to availing as much information as possible to shareholders, in
the best interests of the shareholders and the Company, taken the decision to make the
Forensic Report public and available it the news service of the Botswana Stock Exchange
Limited (“BSEL”) and on the links provided below.
3. Accordingly, shareholders are advised that the Forensic Report has been published today,
2 September 2019 and is immediately available on X-News, and on either of the following
links:
http://wired.co.bw/CHOPPIES/Choppies_Enterprises_Limited-Main_Forensic_Report.pdf
and
http://wired.co.bw/CHOPPIES/Choppies_Enterprises_Limited-
Forensic_Report_Annexures.pdf
Per the announcement published on 1 November 2018, the trading of the Company’s shares on
both the BSEL and on the Johannesburg Stock Exchange (“JSE”) remains suspended until further
notice.
The Company’s primary listing is on BSEL and its secondary listing is on the JSE.
4 September 2019
BSEL Sponsoring Broker
African Alliance Botswana Limited
JSE Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 04/09/2019 01:06:00
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