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4SIGHT HOLDINGS LIMITED - Update on Interim Results and Suspension of Trade in the Company's Securities

Release Date: 31/10/2019 17:00
Code(s): 4SI     PDF:  
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Update on Interim Results and Suspension of Trade in the Company's Securities

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: 48335 C1/GBL)
(“4Sight” or “the Company”)
ISIN Code: MU0557S00001 JSE Code: 4SI

UPDATE ON INTERIM RESULTS AND SUSPENSION OF TRADE IN THE COMPANY’S SECURITIES

Further to the announcement of 30 October 2019, the reconstituted board of directors
(which took office yesterday, Wednesday, 29 October 2019) has engaged with the JSE
Limited (“the JSE”) and auditors regarding the urgent completion of the review process
required to finalise the interim results for the six months ended 30 June 2019. The board
expects that the review process will be completed on an expedited basis so as to allow for
the publication of the interim results by latest 30 November 2019.

Notwithstanding the circumstances that culminated in the reconstitution of the entire
board, the JSE has not acceded to the request for an extension of time for the reconstituted
board to procure the publication of the reviewed interim results. In consequence, pursuant
to the standard operating procedures of the JSE, trade in the Company’s securities is
expected to be suspended from 1 November 2019 until the publication of the reviewed
interim results.

The reconstituted board is committed to rectifying legacy issues that have adversely
impacted on the Company from both an operational and investor relations perspective
and is confident that appropriate steps will be put in place to ensure the timeous
completion and issue of future results.


Mauritius
31 October 2019

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 31/10/2019 05:00:00
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