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CHOPPIES ENTERPRISES LIMITED - Availability of Forensic Report

Release Date: 04/09/2019 13:06
Code(s): CHP     PDF:  
Wrap Text
Availability of Forensic Report

Choppies Enterprises Limited  
(Registration number 2004/1681)  
JSE share code: CHP  
BSEL share code: CHOPPIES  
ISIN: BW0000001072  
Tax reference number: C08710401018  
(“Choppies” or the “Company”, together with its subsidiaries the “Group”)  
                                                      
AVAILABILITY OF FORENSIC REPORT 
                                                      
Further to the Company’s circular issued on 14 August 2019 and to related announcements 
released on 14 August 2019, 27 August 2019 and 3 September 2019, shareholders are advised 
as follows: 
 
1.    It has come to the attention of the board of directors of Choppies (the “Board”) that a 
      vast number of shareholders have not had the opportunity to review the Forensic Report 
      issued by Ernst & Young Advisory Services (Proprietary) Limited (“Ernst & Young”) in 
      respect of its independent Forensic Investigation into certain transactions to which the 
      Group was party. 
 
2.    The Board has, with a view to availing as much information as possible to shareholders, in 
      the best interests of the shareholders and the Company, taken the decision to make the 
      Forensic Report public and available it the news service of the Botswana Stock Exchange 
      Limited (“BSEL”) and on the links provided below. 
 
3.    Accordingly, shareholders are advised that the Forensic Report has been published today, 
      2 September 2019 and is immediately available on X-News, and on either of the following 
      links: 
         
      http://wired.co.bw/CHOPPIES/Choppies_Enterprises_Limited-Main_Forensic_Report.pdf 
       
      and 
 
      http://wired.co.bw/CHOPPIES/Choppies_Enterprises_Limited-
      Forensic_Report_Annexures.pdf 
 
Per the announcement published on 1 November 2018, the trading of the Company’s shares on 
both the BSEL and on the Johannesburg Stock Exchange (“JSE”) remains suspended until further 
notice. 
 
The Company’s primary listing is on BSEL and its secondary listing is on the JSE. 
 
4 September 2019  
 
BSEL Sponsoring Broker  
African Alliance Botswana Limited  
 
JSE Sponsor  
RAND MERCHANT BANK (A division of FirstRand Bank Limited) 

Date: 04/09/2019 01:06:00
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