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BILGL - Availability of Liberty Group Limited and Liberty Holdings Limited Annual Financial Statements
LIBERTY GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1957/002788/06)
Bond Issuer Code: BILGL
("Liberty") or (the "Company")
LIBERTY HOLDINGS LIMITED
(Registration Number 1968/002095/06)
(Established and incorporated as a public company with limited liability in accordance with the
laws of the Republic of South Africa)
("Liberty Holdings")
AVAILABILITY OF LIBERTY GROUP LIMITED ("LGL") AND LIBERTY HOLDINGS LIMITED ("LHL") ANNUAL FINANCIAL STATEMENTS
In accordance with paragraph 6.7 of the JSE Limited Debt and Specialist Securities Listings Requirements, noteholders
are hereby advised that the Annual Financial Statements for both Liberty and Liberty Holdings, for the year ended
31 December 2025 are available for inspection through a secure electronic manner at the election of the person requesting
inspection.
The annual financial statements have also been made available on the website at:
https://www.libertyholdings.co.za/results-and-reports
Noteholders are also advised that the issuer's audit reports are unqualified with no modifications applicable.
Furthermore, the issuer would like to advise noteholders that the Liberty Annual Financial Statements contain a
restatement of the Issuer's annual financial statements for the year ended 31 December 2024.
In the statement of comprehensive income for the year ended 31 December 2024, the profit share component associated
with the Standard Bank bancassurance business agreement of R2 112million, has been separately disclosed, to better
reflect the nature of the expense, as a separate line item (Standard Bank bancassurance profit share). It was previously
included in the fair value adjustment on financial liabilities, referencing the preference share associated with the
settlement. There is no change to profit before tax as a result of this reclassification.
There is no impact on comparatives as reported to the face of the statement of financial position, the statement of
changes in equity or the statement of cash flows. This restatement did not impact Liberty Holdings.
Johannesburg
27 March 2026
Debt Sponsor: The Standard Bank of South Africa Limited
Date: 27-03-2026 04:30:00
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