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ECSPONENT LIMITED - Extended Timing in Respect of the Release of the Financial Results for the Reporting Period ended 31 March 2020

Release Date: 18/06/2020 08:40
 
Wrap Text
Extended Timing in Respect of the Release of the Financial Results for the Reporting Period ended 31 March 2020

ECSPONENT LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: ECS – ISIN: ZAE000179594
Debt Issuer Code: ECSD
Hybrid Issuer Code: ECSH
(“the Company” or “Ecsponent”)


 EXTENDED TIMING IN RESPECT OF THE RELEASE OF THE FINANCIAL RESULTS FOR THE
 REPORTING PERIOD ENDED 31 MARCH 2020


Security holders are referred to the announcement released on 30 March 2020 wherein they were advised
that that the board of directors of the Company had approved a change in the Company’s financial year-end
from 30 June to 31 March.


Security holders are further referred to the market notices issued by the Financial Sector Conduct Authority
("FSCA") relating to the impact of the COVID-19 pandemic and the national lockdown on financial reporting
and auditing processes. As a result, the FSCA granted companies with financial year-ends of 31 December
2019 to 30 April 2020 an extension of two months to complete their year-end financial reporting process.

The Company will take advantage of the FSCA extension and will accordingly not release its audited financial
results for the 9-month period ended 31 March 2020 by 30 June 2020.

Ecsponent is in the process of preparing its results for the financial period ended 31 March 2020 and advises
security holders that that it expects to release its financial results for that period before the end of August
2020.


18 June 2020
Pretoria


Sponsor to Ecsponent

Questco Corporate Advisory (Pty) Ltd

Date: 18-06-2020 08:40:00
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