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GO LIFE INTERNATIONAL LIMITED - Announcement in respect of extension of filing of year end and quarterly results

Release Date: 13/11/2020 15:15
Code(s): GLI     PDF:  
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Announcement in respect of extension of filing of year end and quarterly results

GO LIFE INTERNATIONAL LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: 098177 C1/GBL)
SEM share code: GOLI.N0000
JSE share code: GLI ISIN: MU0330N00004
(“the Company” or “Go Life”)

ANNOUNCEMENT IN RESPECT OF EXTENSION OF FILING FOR THE AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDING 28 FEBRUARY 2019, THE ABRIDGED UNAUDITED FINANCIAL STATEMENTS
FOR THE QUARTERS ENDED 31 MAY 2019, 31 AUGUST 2019, 30 NOVEMBER 2019, 29 FEBRUARY
2020 AND 31 MAY 2020

The Board of Directors of Go Life would like to remind shareholders that the Company has
extended its financial year end to 31 August each year, with the first reporting period being for
the 18 months ended 31 August 2020.

Shareholders have been kept appraised via SENS, the last of which was dated 5 October 2020,
regarding the Company’s preparation of its overdue quarterly results in the intervening periods
but due to the ongoing reconciliation of the shareholder register where most of the shares are
held as certificates across two jurisdictions has substantially delayed the completion of the
audit for 28 February 2019.

Therefore, Go Life will not be in a position to fulfil its obligation with regards to the Stock
Exchange of Mauritius (“SEM”) Listing Rule 12.14 concerning the filing of its abridged audited
annual financial statements by the prescribed deadline as the auditor has not yet signed off
the Annual Financial Statements for the year ended 28 February 2019 and has requested
additional time to do so. The subsequent quarterly results up until May 2020 are nearly finalised
and ready for publishing pending the finalisation of the audit.

Accordingly, SEM has acceded to a request for an extended deadline for the Company to
file and publish its audited financial statements for the year ended 28 February 2019 as well as
the Abridged Unaudited Financial Statements for the 3 months ended 31 May 2019, 6 months
ended 31 August 2019, the 9 months ended 30 November 2019, the 12 months ended
29 February 2020 and the 15 months ended 31 May on or before 14 December 2020.
Thereafter, the audit for the 18 months ended 31 August 2020 will commence and the audited
results will be published on or before 31 January 2021.

Go Life has its primary listing on the Stock Exchange Mauritius and a secondary listing on the
AltX of the JSE.

By order of the Board
13 November 2020

Executive Directors:                                                    Non-Executive Directors:
Mxolisi Motau                                                            Mohamed Yusuf Sooklall
Mr Patrick Wysoczanski                                                            Dr Peter Koll
 
JSE Sponsor:
AcaciaCap Advisors (Pty) Limited

Date: 13-11-2020 03:15:00
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