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Latest News: Salungano Group Ltd.SALUNGANO [SLG]
(Suspended)

Wed, 27 Aug 2025	Official Announcement [RD]
Salungano - standstill agreement conclusion The Company has concluded a standstill agreement with its lenders, Nedbank and Standard Bank, on 26 August 2025, in terms of which the lenders have agreed to standstill on their legal rights, provided the Company complies with the repayment and other terms of the agreement. The Company has been in breach of its loan facilities since 21 June 2023 when it was unable to secure a refinancing agreement with its lenders. Delay in the Publication of audited financial results for the year ended 31 March 2024 ("FY2024 financial results"), the interim results for the six months ended 30 September 2024 and the audited financial results for the year ended 31 March 2025 ("FY2025 financial results") The Company is progressing well with finalising its financial reporting and an updated indicative timeline for the publication of the FY2024 and FY2025 financial results will be communicated to shareholders as soon as practicable.
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