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Choppies - availability of forensic report

Published: 9th Sep 2019
Author: Stock Exchange News Service (SENS) release

Stock Exchange News Service (SENS) release

September 4 - Further to the Company's circular issued on 14 August 2019 and to related announcements released on 14 August 2019, 27 August 2019 and 3 September 2019, shareholders are advised as follows:
         1.It has come to the attention of the board of directors of Choppies (the "Board") that a vast number of shareholders have not had the opportunity to review the Forensic Report issued by Ernst & Young Advisory Services (Proprietary) Limited ("Ernst & Young") in respect of its independent Forensic Investigation into certain transactions to which the Group was party.
          2.The Board has, with a view to availing as much information as possible to shareholders, in the best interests of the shareholders and the Company, taken the decision to make the Forensic Report public and available it the news service of the Botswana Stock Exchange Limited ("BSEL") and on the links provided below.
          3. Accordingly, shareholders are advised that the Forensic Report has been published today, 2 September 2019 and is immediately available on X-News, and on either of the following links: 
  www.wired.co.bw/CHOPPIES/Choppies_Enterprises_Limited-Main_Forensic_Report.pdf 
  and 
  www.wired.co.bw/CHOPPIES/Choppies_Enterprises_Limited- Forensic_Report_Annexures.pdf 
         Per the announcement published on 1 November 2018, the trading of the Company's shares on both the BSEL and on the Johannesburg Stock Exchange ("JSE") remains suspended until further notice.
   The Company's primary listing is on BSEL and its secondary listing is on the JSE. 

Tags: Choppies, SENS
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