4SIGHT HOLDINGS LIMITED - No change statement and availability of integrated annual report

No change statement and availability of integrated annual report

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: C148335 C1/GBL)
JSE share code: 4SI ISIN: MU0557S00001
(“4Sight” or “the Company”)


NO CHANGE STATEMENT AND AVAILABILITY OF INTEGRATED ANNUAL REPORT

No Change Statement
Shareholders are advised that the Company’s integrated report, incorporating the audited annual financial
statements for the financial year ended 31 December 2019, (on which the Company’s auditors expressed a qualified
audit     opinion)     is     available    with  immediate      effect    on   the     Company’s       website,
https://www.4sightholdings.com/pdfs/annual-report-2019.pdf, and contains no changes to the provisional results
for the year ended 31 December 2019, released on SENS on 31 March 2020.


Basis for Qualified Opinion on Consolidated Financial Statements and Unqualified Opinion on the separate
Financial Statements.
Visualitics (Pty) Ltd and its related subsidiaries (“Visualitics”), a related party transaction concluded in 2018, was
disposed of prior to the year under review. The independent auditors were unable to obtain sufficient and
appropriate evidence to verify the transactions and balances of Visualitics at the date of the acquisition. This was
due to poorly maintained accounting records by the initial Visualitics management team. The accounting issues,
coupled with a general breakdown in the day-to-day working relationship between the sellers of Visualitics and
the rest of the Company, led to the entity being sold to avoid any further qualifications. Visualitics made no
significant financial contribution to the Company.

Except for the effects of the matter described in the Basis for Qualified Opinion section of the Independent
Auditor’s Report, the consolidated financial statements present fairly, in all material respects, the consolidated
financial position of the Company as at 31 December 2019, and its consolidated financial performance and
consolidated cash flows for the year then ended in accordance with International Financial Reporting Standards
and the JSE Listing Requirements.

Notice of Annual General Meeting
The notice of annual general meeting and relevant supporting documentation was dispatched to shareholders today,
29 June 2020. The annual general meeting of shareholders of 4Sight will be held entirely by electronic
communication, on Friday, 31 July 2020 at 12:00pm Mauritian time (10:00am South African time) by utilising the
below link and following the relevant prompts:

https://bit.ly/4Sight-AGM-TeamsLink

The reason for the holding of the AGM entirely by way of electronic communication is as a result of the COVID-
19 virus outbreak and the resultant health distancing imperatives, legal restrictions and official advice on gatherings
and movement.

Kindly note that, in terms of the Mauritian Companies Act, 2001, AGM participants (including proxies) will be
required to provide identification before being entitled to participate in or vote at the AGM as more fully detailed
in the notice. Forms of identification that will be accepted include certified copies of valid identity documents,
driver's licences and passports.

The AGM will conduct the business as stated in the notice of the meeting, a copy of which can be found
on https://www.4sightholdings.com/pdfs/annual-report-2019.pdf.

Record Dates
The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Tuesday, 21
July 2020 and the record date to participate in and vote at the annual general meeting is Friday, 24 July 2020.

29 June 2020

Designated advisor
Java capital

Date: 29-06-2020 04:30:00
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