Quarterly suspension update
AdminNot material
In brief
Trading remains suspended while the company works to finalise its 28 February 2025 audit. It expects to publish its FY25 AFS by 30 November 2026, and the Annual Report and delayed August 2025 interim results by 23 December 2026.
The announcement
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 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.