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Goldrush - lottery licence & cautionary withdrawal
Goldrush advised that the South African Minister of Trade, Industry and Competition ("Minister") has awarded Sizekhaya Holdings (RF) (Pty) Ltd. ("Sizekhaya") the licence to operate the Fourth National Lottery and Sports Pools for South Africa for a period of 8 years. The licence commencement date is expected to be on or before 1 June 2026. ("National Lottery Licence").
Goldrush Group (Pty) Ltd ("Goldrush Group"), in which the Company holds a 59.4% interest, is a 50% shareholder in Sizekhaya. Pursuant to the award of the National Lottery Licence, and as per regulations, Sizekhaya will issue shares to a government entity (to be determined by the Minister), resulting in Goldrush Group's interest in Sizekhaya reducing to 40%.
Withdrawal of Cautionary
Further to the cautionary announcement published on 8 May 2025 and pursuant to the publication of this announcement, preference shareholders are advised that caution is no longer required to be exercised when dealing in the Company's securities.
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