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Notice of AGM, Changes to the Board, Availability of Integrated Annual Report and Name Change
Channel VAS Investments Limited
(Incorporated under the laws of the British Virgin Islands)
(Company number: 1750790)
JSE share code: OPA
ISIN code: VGG2072E1016
("Optasia" or the "Company")
ANNOUNCEMENT RELATING TO:
• CHANGES TO THE BOARD OF DIRECTORS;
• NOTICE OF ANNUAL GENERAL MEETING;
• AVAILABILITY OF INTEGRATED ANNUAL REPORT; AND
• PROPOSED CHANGE OF NAME
Shareholders are advised that the annual general meeting ("AGM") of shareholders will be held virtually at
10:00 SA Standard Time on Monday, 1 June 2026.
Changes to the Board of Directors
In accordance with paragraph 6.71 of the JSE Listings Requirements, the board of directors of Optasia
(the "Board") is pleased to announce the proposed appointment of Mr Manuel (Manolo) Sánchez
Rodríguez as an independent non-executive director. Mr Sánchez will stand for election by shareholders
at the Company's forthcoming AGM, scheduled for 1 June 2026.
Mr Sánchez brings extensive international leadership experience across banking and financial technology.
He previously served as Chair and Chief Executive Officer of BBVA Compass for over a decade and held
senior executive roles within the BBVA Group, one of Europe's leading international banking institutions.
He currently serves as a director of Fannie Mae (FNM), Affirm Holdings (AFRM), Stewart Information
Services Corporation (STC) and Nomad Fintech Inc. (Nomad Global). He brings significant listed company
board, banking, digital transformation and fintech experience which will further strengthen the Board's
capabilities.
The Company will provide the statements required in terms of paragraph 6.73 of the JSE Listings
Requirements and in respect of the integrity information contained in the director's declaration, post the
approval by shareholders at the AGM.
Mr Ahmad Farroukh has informed the Board that he will not stand for re-election as a director at the
Company's AGM and will accordingly retire from the Board at the conclusion of that meeting. Mr Farroukh
currently serves as Chair of the Audit Committee. The Board thanks him for his valuable contribution and
leadership during his tenure, including his support to the Company during its transition to a listed
environment.
Following the conclusion of the AGM, Mr Farroukh will continue to support the Company in an advisory
capacity to the Chief Financial Officer and the Audit Committee for a period of approximately six months
to facilitate an orderly transition.
Following Mr Farroukh's retirement from the Board, Mr Ronan Dunne will assume the role of Chair of the
Audit Committee, with Mr Olusegun Ogunsanya and Ms Lezanne Human continuing as members of the
Committee.
Annual results announcement and availability of annual financial statements
The annual results announcement for the year ended 31 December 2025 was released on the Stock
Exchange News Service of the JSE ("SENS") on 16 March 2026.
Any investment decision should be based on the consolidated annual financial statements for the year
ended 31 December 2025 which were made available at the same time on the JSE cloudlink:
https://senspdf.jse.co.za/documents/2026/jse/isse/opae/FY25.pdf
The consolidated annual financial statements were also made available on Optasia's website on 16 March
2026 at:
https://optasia.com/ir_docs/fy25_financial_statement.pdf
Distribution of notice of AGM and availability of Integrated Annual Report
The documents listed below have been made available on the Company's website on 30 April 2026:
• Notice of AGM, together with the required summary consolidated annual financial statements for
the year ended 31 December 2025, ("AGM Notice") as distributed to shareholders on Thursday,
30 April 2026:
https://optasia.com/ir_docs/fy25_notice_of_agm.pdf
• Integrated annual report for the year ended 31 December 2025:
https://optasia.com/ir_docs/fy25_integrated_annual_report.pdf
Copies of the AGM notice may be obtained from the Company, in electronic and hard copy format, by
emailing IR@optasia.com.
Proposed change of name
The Company will be proposing a name change at the AGM, from Channel VAS Investments Limited to
Optasia Limited.
Salient dates
The salient dates and times applicable to the AGM are set out below:
Issuer name Optasia
Type of instrument Ordinary shares
ISIN VGG2072E1016
JSE share code OPA
Meeting type Annual general meeting
Meeting venue Online
Record date to determine which shareholders are Friday, 24 April 2026
entitled to receive the notice of AGM(1)
Publication of 2025 integrated annual report Thursday, 30 April 2026
on company website and distribution of
notice of AGM
Last day to trade in order to be eligible to Tuesday, 19 May 2026
attend, speak and vote at the AGM
Record date to determine which shareholders Friday, 22 May 2026
are entitled to attend, speak and vote at the
AGM
For administrative purposes, forms of proxy Thursday, 28 May 2026
for the AGM to be lodged by 10:00 on*
AGM of shareholders at 10:00 SA Standard Time Monday, 1 June 2026
on
Results of AGM released on SENS, including the Monday, 1 June 2026
finalization information relating to the change of
name
Last day to trade in the shares of the Company Tuesday, 9 June 2026
under the current registered name "Channel VAS
Investments Limited" expected on
Shares of the Company expected to trade under Wednesday, 10 June 2026
the new registered name "Optasia Limited"
(under the current ISIN VGG2072E1016,
abbreviated name "Optasia", and share code
"OPA"), from the commencement of trade on(2)
Record date for the change of the registered Friday, 12 June 2026
name of the Company expected on
Change of the registered name updated on Monday, 15 June 2026
CSDP accounts to reflect the new registered
name of the Company, expected on(3)
Optasia website link to annual report and https://optasia.com/ir_docs/fy25_integrated_
consolidated annual financial statements annual_report.pdf
JSE cloudlink to consolidated annual financial https://senspdf.jse.co.za/documents/2026/jse/isse/op
statements ae/FY25.pdf
*any proxies not lodged by this time must be handed to the chairperson of the AGM immediately prior to
the meeting
1) All dates and times indicated above are South African Standard Time.
2) The registered name of the Company is "Channel VAS Investments Limited", and the shares of the Company
are currently trading under ISIN VGG2072E1016, with abbreviated name "Optasia", and share code "OPA".
3) The proposed change of the registered name is required in order to change the current registered name of
the Company from "Channel VAS Investments Limited" to "Optasia Limited". The ISIN, abbreviated name and
share code of the Company will not be affected or change as a result of the change of the registered name of
the Company. Accordingly, the Company will retain its historical trading and financial reference data.
Johannesburg
30 April 2026
Sponsor
The Standard Bank of South Africa Limited
Date: 30-04-2026 01:10:00
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