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Quarterly suspension update
AFRICAN DAWN CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/020520/06)
Share code: ADW
ISIN Code: ZAE000223194
(“Afdawn” or “the Company”)
QUARTERLY SUSPENSION UPDATE
Shareholders are referred to the suspension in trading of the Company’s shares on the JSE
which came into effect on 14 July 2025 (“Suspension”), for failing to publish its audited
annual financial statements for the year ended 28 February 2025 (“FY25 AFS”) within the
prescribed period.
In terms of paragraph 1.11(c) of the JSE Listings Requirements, the Company is required to
provide an update to shareholders on a quarterly basis regarding the current state of affairs
of the Company until the Suspension is lifted.
Following the SENS announcement dated 31 July 2026, Afdawn continues to work with its
auditors to finalise the 28 February 2025 audit and it is anticipated that the FY25 AFS will be
published no later than 30 November 2026 and that the Annual Report will be distributed to
shareholders no later than 23 December 2026.
The Company’s interim financial results for the six months ended 31 August 2025 (“Interim
Results”), which were required to be published by no later than 30 November 2025, in
accordance with the JSE Listing Requirements, remain outstanding. It is the Company’s
intention to publish its Interim Results no later than 23 December 2026.
Following the publication of the outstanding financial information, the Company will
commence the processes necessary to apply to the JSE for the lifting of the Suspension.
Further updates will be communicated to the market as may be required.
Johannesburg
30 October 2026
Designated Advisor
PSG Capital
Date: 30/10/2026 11:20:00
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