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AH-VEST LIMITED - Posting of integrated restatement of previously published results for minor rounding differences and notice of AGM

Release Date: 27/12/2017 12:55
Code(s): AHL     PDF:  
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Posting of integrated restatement of previously published results for minor rounding differences and notice of AGM

AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
Share code: AHL        ISIN code: ZAE000129177
(“AH-Vest” or “the Company”)


POSTING OF INTEGRATED REPORT, RESTATEMENT OF PREVIOUSLY PUBLISHED RESULTS FOR MINOR
ROUNDING DIFFERENCES AND NOTICE OF ANNUAL GENERAL MEETING


Changes to previously published results
Shareholders are advised that the company’s integrated annual report incorporating, inter alia,
the audited annual financial statements for the year ended 30 June 2017 and a notice of annual
general meeting, has been posted to shareholders on or about 22 December 2017 and is
available on the company’s website www.alljoy.co.za.

Shareholders are advised that the JSE Listings Requirements provide for the publication of results
where there are any changes to the annual financial statements, even if these amendments are
immaterial. Certain line items in the annual financial statements contain minor rounding
differences compared to the results for 30 June 2017 as published in the audited consolidated
provisional results compared to the announcement of reviewed results published on SENS on
13 October 2017 (“the provisional results”). These changes are immaterial to the published
provisional results and do not result in any changes to the earnings and headline earnings per
share information previously published. The rounding differences occur in the condensed
consolidated statement of financial position, condensed consolidated statements of
comprehensive income, statement of changes in equity, condensed consolidated statements of
cash flows and these amended line items as well as the previously published figures (where
different), are set out below:

Statement of Financial Position as at 30 June 2017

Figures in Rands                                         Audited           Published   Difference
                                                           2017                2017
EQUITY AND LIABILITIES
Equity
Accumulated loss                                     (1 730 909)       (1 730 916)             7
Total equity                                         19 562 163        19 562 155              8

Current Liabilities
Trade and other payables                             31 406 007        31 406 013              -6
Total current liabilities                            42 617 996        42 618 004              -8
Statement of Comprehensive Income
Figures in Rands                                       Audited        Published        Difference
                                                            2017             2017
Operating expenses                                  (53 776 617)     (53 776 618)               1

Statement of Changes in Equity
                                                          Stated    Accumulated              Total
Figures in Rand                                          capital            loss            equity

Balance at 30 June 2017 – audited                   21 293 071          (1 730 916)    19 562 155
Balance at 30 June 2017 – published                 21 293 071          (1 730 916)    19 562 156
Difference                                                   -                    -             1


Statement of Cash Flows
Figures in Rands                                       Audited             Published Difference
                                                          2017                 2017
Cash flows from operating activities
Net cash flows from operations                       3 054 887             3 054 888           -1
Net cash flows from operating activities               269 846               269 847           -1

Cash flows from/ (used in) financing activities
Government grant received                            2 393 483             2 393 480           3

Net (decrease) / increase in cash and cash           (746 681)             (746 682)           1
equivalents

Notice of Annual General Meeting
Notice is hereby given that the annual general meeting of ordinary shareholders will be held at
10:00 on Wednesday, 21 February 2018 at 15 Misgund Road, Eikenhof, Johannesburg, to transact
the business as stated in the notice of annual general meeting forming part of the integrated
annual report.

Record Dates
The record date to be on the securities register in order to receive the Annual Report is Friday,
15 December 2017. The record date by which shareholders of the Company must be registered
as such in the company’s securities register in order to attend and vote at the annual general
meeting is Friday, 16 February 2018. The last day to trade in order to be eligible to vote at the
annual general meeting will accordingly be Tuesday, 13 February 2018.

Johannesburg
27 December 2017

                                      Designated Advisor
                            Arbor Capital Sponsors Proprietary Limited

Date: 27/12/2017 12:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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