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Wed 31 Jul 2024, 8:30 MW Asset Rentals-Notice of Availability of Annual Financial Statements
MW Asset Rentals-Notice of Availability of Annual Financial Statements

MW ASSET RENTALS (RF) LIMITED
Reg No 2002/030074/06
Incorporated in the Republic of South Africa
JSE alpha code: MWSI
("MWAR")

NOTICE OF AVAILABILITY OF ANNUAL FINANCIAL STATEMENTS

MWAR hereby notifies its debt investors that it has publicly released its Audited Annual Financial
Statements ("AFS") for the year ended 31 March 2024 and that the audit report relating to the AFS is
unqualified. The external auditor has issued an unqualified opinion.

The AFS are available on the MWAR website at
https://merchantwest.co.za/investor-relations/
During the period, the directors reassessed the classification between current and non-current for the
capital portion of the listed notes issued. Previously the capital portion of the listed notes in issue were
classified between current and non-current liabilities, based on the scheduled maturity date. This has now
been restated as non-current, based on the final redemption date. The restatement affects only the
current and non-current liabilities in the Statement of Financial Position and has no impact on the
previously published equity position, nor the previously published cash flows. Details are provided in note
10.1 of the audited annual financial statements.


31 July 2024

Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 31-07-2024 08:30:00
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