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PPC LIMITED - Extension for Publication of Annual Financial Results

Release Date: 09/06/2020 09:00
Code(s): PPC     PDF:  
Wrap Text
Extension for Publication of Annual Financial Results

PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number 1892/000667/06)
JSE ISIN: ZAE000170049
JSE code: PPC ZSE code: PPC
("PPC" or "Company" or "Group")


EXTENSION FOR PUBLICATION OF ANNUAL FINANCIAL RESULTS

Shareholders are referred to the market notice issued by the Financial Services
Conduct Authority (“FSCA”) and communicated by the JSE on 3 April 2020, granting an
extension of financial reporting periods and are advised that the Company will be
utilising the two-month extension period afforded to issuers in that notice.


The Company’s financial year-end was 31 March 2020. Accordingly, in the normal course,
the Company would have been required to release its audited year-end financial results
on Stock Exchange News Service (“SENS”) as well as publishing its financial statements
(“AFS”) on the Company’s website, by no later than 30 June 2020, and to distribute
its AFS together with the notice of annual general meeting (“AGM”) to shareholders by
no later than 31 July 2020.


PPC is in the process of finalising its results for the year-ended 31 March 2020. Due
to the restrictions placed on the Group as a consequence of the Covid-19 pandemic and
resultant lockdowns in the regions that the company operates in as well as the
consequential impact on the financial results and disclosures arising from the COVID-
19 pandemic, PPC shareholders are advised that the Company will be relying on the two
month extension granted by the FSCA, and will release its audited year-end financial
results on SENS and publication of the Company’s AFS on the Company’s website, by no
later than 31 August 2020. Consequently, the AFS and the notice of AGM will be
distributed to shareholders by no later than 30 September 2020.


Sandton
9 June 2020
Sponsor
Merrill Lynch South Africa (Pty) Limited


PPC:
Anashrin Pillay
Head Investor Relations
Tel: +27 (0) 11 386 9000

Date: 09-06-2020 09:00:00
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