Padenga Holdings | Notice of further delay in the publication of the HY2020 financial statements

By Published On: October 30th, 2020Categories: Corporate announcement, Earnings

Padenga Shareholders are advised that the Zimbabwe Stock Exchange has granted approval to Padenga for another 30 – day extension period in which to publish its Financial Statements for the Half – Year ended 30th June 2020. Padenga will publish its Financial Statements for this period on or before 30th November 2020. The delay by Padenga in publishing its Financial Statements has been caused by the need to consolidate for the first time the financial results for its 50.01% investment in the Dallaglio Investments (Private) Limited (“Dallaglio”) mining business. The external auditors for Padenga and for Dallaglio have not yet been able to complete their review of the consolidated numbers and they would like to audit the interim financials for Dallaglio. This will take a further two to three weeks to complete.

By order of the Board

Andrew Lorimer
Company Secretary
30 October 2020

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