CLIENTELE LIMITED - Publication of integrated annual report, modifications to the 2024 condensed results, notice of AGM & B-BBEE cert

Publication of integrated annual report, modifications to the 2024 condensed results, notice of AGM & B-BBEE cert

Clientèle Limited
(Incorporated in the Republic of South Africa)
Registration Number: 2007/023806/06
Share code: CLI
ISIN: ZAE000117438
("Clientèle", "the Company" or "the Group")

PUBLICATION OF INTEGRATED ANNUAL REPORT, MODIFICATIONS TO THE
2024 CONDENSED GROUP RESULTS, NOTICE OF ANNUAL GENERAL MEETING
AND B-BBEE COMPLIANCE CERTIFICATE

Shareholders are advised that the Company's integrated annual
report ("Integrated Annual Report") including the audited annual
financial statements for the year ended 30 June 2024 and the
notice of the annual general meeting ("AGM") of the Company, is
available to Shareholders today, 15 October 2024, and contains
modifications to the 2024 Condensed Group Results which were
announced on the Stock Exchange News Service ("SENS") on 20
September 2024.

The annual financial statements contained in the Integrated
Annual Report have been audited by the Group's auditor, Deloitte
& Touche, who expressed an unmodified audit opinion thereon.

The Integrated Annual Report is available on the JSE cloudlink:
https://senspdf.jse.co.za/documents/2024/jse/isse/CLI/IAR2024.pdf

and the Company's weblink: https://www.clientele.co.za/annual-
reports/

Modifications to the 2024 Condensed Group Results ("Modifications")

The Modifications highlight the change between the audited annual
financial statements and the 2024 Condensed Group Results published
on 20 September 2024.

The change relates to the 2023 comparative reinsurance asset 
movement that was incorrectly disclosed in the "adjusted for
non-cash items" line item and reversed out in the "working
capital changes" line item on the face of the statement of cash
flows. This had a net impact on the movement of nil on the cash
generated from operations. In line with IFRS 17 disclosure, this
balance should not have been disclosed in either line as was
corrected in the audited financial statements.


The summarised impact of the modification is disclosed below:

Statement of Cash Flows

June 2023           Reported in     Correction     Reported in
(R'000)             condensed                      the
                    results                        Integrated
                                                   Annual
                                                   Report

Adjusted for        (427 731)       (84 178)       (511 909)
non-cash items

Working capital      349 957         84 178         434 135
changes

Cash generated       256 718         -              256 718
from operations



Notice of AGM

The following information is provided:

ISSUER NAME:                                      Clientèle Limited
TYPE OF INSTRUMENT:                                 Ordinary shares
ISIN NUMBER:                                           ZAE000117438
JSE CODE:                                                       CLI
MEETING TYPE:                                Annual General Meeting

AGM VENUE:                         Yellowwood Boardroom, Building 7
                                   Clientèle Office Park
                                   Corner Rivonia and Alon Roads
                                   Morningside

DATE AND TIME:                  Wednesday, 13 November 2024 at 8:00

RECORD DATE –
to determine which shareholders 
are entitled to receive the
Notice of AGM:                               Friday, 4 October 2024

PUBLICATION/POSTING DATE:                  Tuesday, 15 October 2024

LAST DAY TO TRADE –
to determine eligible
shareholders that may attend,
speak and vote at the AGM:                 Tuesday, 29 October 2024


RECORD DATE - to determine
eligible shareholders that may
attend, speak and vote at the
AGM:                                        Friday, 1 November 2024

AGM DEADLINE DATE –
For administrative purposes,
forms of proxy for the AGM
to be lodged:                             Tuesday, 12 November 2024

AGM DATE:                               Wednesday, 13 November 2024

PUBLICATION OF RESULTS OF AGM:             Friday, 15 November 2024

WEB SITE LINK:   www.clientele.co.za/annual-reports/

Broad-Based Black Economic Empowerment Amendment Act No.46 of
2013 ("B-BBEE Act"): Annual Compliance Report.

In accordance with paragraph 16.21(g) and Appendix 1 of Section
11 of the JSE Listings Requirements, notice is hereby given that
Clientèle's Annual Compliance Report, in terms of section 13G(2)
of the B-BBEE Act, is available on the Company's website at
www.clientele.co.za/about-us/

Johannesburg

15 October 2024

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

Date: 15-10-2024 02:00:00
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