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CLINDEB INVESTMENTS LIMITED - BICI- Publication of 2018 Annual Financial Statements and Change in Auditor

Release Date: 30/11/2018 12:30
Code(s): NTC21 NTC24 NTC19 NTC20 NTC22 NTC23 NTC18     PDF:  
Wrap Text
BICI- Publication of 2018 Annual Financial Statements and Change in Auditor

CLINDEB INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1991/001634/06)
Bond Issuer Code: BICI


(“Clindeb”) or (“the Company”)


PUBLICATION OF 2018 ANNUAL FINANCIAL STATEMENTS AND CHANGE IN AUDITOR

Noteholders are advised that Clindeb’s Annual Financial Statements for the year ended 30
September 2018 (“the AFS”) have been made available on the Company’s website on 30
November 2018.

The Issuer’s audit report was unqualified and there were no restatements of the previous year’s
annual financial statements.

The AFS are available on the company’s website:

https://www.netcare.co.za/Portals/0/Investor%20Relations/Debt%20instruments/Clindeb%20investme
nts%20limited/Clindeb%20Audit%20AFS%202018.pdf?ver=2018-11-30-095310-030



Noteholders are also advised of a change in auditor pursuant to a decision by Clindeb’s Board to
voluntarily comply with mandatory audit firm rotation prior to the prescribed date of 1 April
2023.

Following completion of a formal tender process, Clindeb has appointed Deloitte & Touche, with
Mr Graeme Berry as the designated audit partner to replace Grant Thornton Johannesburg as
auditor of the Company.

The audit services of Grant Thornton will terminate on or around 29 November 2018 where after
Deloitte & Touche’s appointment will commence.

Johannesburg
30 November 2018

Debt Sponsor
The Standard Bank of South Africa Limited

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