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BISGL - Availability of the Annual Financial Statements of the Guarantors

Published: 2022-10-31 13:30:36 ET
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Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1943/016107/06)
Debt company code: BISGL
LEI: 378900A8FDADE26AD654
(“Super Group” or the “Issuer”)


AVAILABILITY OF THE ANNUAL FINANCIAL STATEMENTS OF THE GUARANTORS

Noteholders are advised that the annual financial statements for the year ended 30 June 2022 of Super Group
Holdings Proprietary Limited, Super Group Trading Proprietary Limited, Super Group Africa Proprietary Limited
(“SGA”) and Bluefin Investments Limited (“Bluefin”) (collectively, the “financial statements”), being the
guarantors to the Issuer’s ZAR5 000 000 000 Domestic Medium Term Note Programme, are available for
inspection at the Issuer’s registered office.

The audit reports issued on the financial statements were unqualified, with no modifications applicable.

Noteholders are further advised that the comparative numbers relating to Cash flows from operating activities
and Cash flows from investing activities in SGA and Bluefin’s Statement of Cash Flows have been restated.

In prior years the “additions to full maintenance lease assets” and “proceeds on disposal of full maintenance
lease assets” were classified as investing activities. The error in the prior year classification was identified due to
the acquisition of LeasePlan, which materially impacted the Issuer’s statement of financial position and
statement of cash flows. This highlighted the IFRS requirement to treat full maintenance lease vehicles purchases
and disposals in SGA, and lease portfolio vehicle purchases and disposals in Bluefin as working capital movements
instead of capex. The adjustment did not have an impact on SGA and Bluefin’s Statement of Comprehensive
Income or the Statement of Financial Position.


Sandton
31 October 2022

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)