Resignation of Auditor SPANJAARD LIMITED (Incorporated in the Republic of South Africa) (Registration number 1960/004393/06) Share code: SPA ISIN: ZAE000006938 (‘Spanjaard” or “the Company”) RESIGNATION OF AUDITOR The Company hereby advises shareholders that Spanjaard’s external auditors, PricewaterhouseCoopers Inc. (“PWC”), have resigned as auditors of the Company. PWC’s reasons for their resignation is that in their risk management process they believed that they could not adequately mitigate their audit risk pursuant to the developments at Spanjaard’s Annual General meeting as well as subsequent developments flowing from that. On 10 February 2020, the Board of Directors acceded to the resignation of PriceWaterhouseCoopers Inc. despite its lack of compliance with Section 89(1)(b) of the Companies Act. Spanjaard will commence the process of appointing new auditors and will advise shareholders once the new auditors have been appointed. By order of the board Johannesburg 11 February 2020 Sponsor Arbor Capital Sponsors Proprietary Limited (Registration number 2006/033725/07) Date: 11-02-2020 04:46:00 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.
Email this JSE Sens Item to a Friend.