Enhanced Investments - Financial Portal

Restructuring plan update

Published: 2023-03-01 11:45:25 ET

Stefanutti Stocks Holdings Limited
(Registration number 1996/003767/06)
Share code: SSK
ISIN: ZAE000123766
(“Stefanutti Stocks” or “the company” or “the group”)


RESTRUCTURING PLAN UPDATE


The board of Stefanutti Stocks hereby provides shareholders with an update on the Restructuring Plan
as reported on 24 November 2022 in the Unaudited Condensed Consolidated Results of Stefanutti
Stocks for the 6 months ended 31 August 2022 (the “Announcement”).


At the time of the Announcement, the group was in the process of negotiating with the Lenders to extend
the capital repayments profile and duration of the loan to 29 February 2024.


Shareholders are hereby advised that the group, on 28 February 2023, reached agreement with the
Lenders to extend the capital repayments profile of the loan as well as its duration to 29 February 2024.




1 March 2023
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.