GLOBAL TECHNOLOGY HOLDINGS LIMITED
Glotec will be changing its financial year end to 31 December, to bring it
in line with the financial year end of its recently listed partner, TEMENOS,
and allow it to equity account TEMENOS' audited results, into its annual
results. TEMENOS' income makes up a substantial portion of Global
Technology's attributable results.
Accordingly, Glotec's financial year end will be 31 December with immediate
effect and the audited results are expected to be published in February
annually.
For the current financial period, Glotec will report a second set of
reviewed interim results, expected to be published in September 2001, for
the twelve months ended 30 June 2001, and a final set of audited results,
expected to be in February 2002, for the 18 months ending 31 December 2001.
By order of the Board
Arcay Client Support (Pty) Ltd
Company secretary
Johannesburg
16 July 2001
Sponsor
Gensec Bank Limited
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