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NAMPOWER (PTY) LIMITED - BINPW - Availability of the Annual Financial Statements of the Issuer

Release Date: 20/01/2020 16:45
Code(s): NMP20N     PDF:  
Wrap Text
BINPW - Availability of the Annual Financial Statements of the Issuer

Namibia Power Corporation (Proprietary) Limited
(Incorporated in December 1964 with limited liability in the Republic of Namibia)
(Registration No. 2051)
Company code: BINPW
(“NamPower” or “the Issuer”)

AVAILABILITY OF THE ANNUAL FINANCIAL STATEMENTS OF THE ISSUER

Noteholders are advised that the annual financial statements (“the financial statements”) of NamPower, for
the year ended 30 June 2019, are available for inspection at the Issuer’s registered office.

The financial statements of the Issuer have also been made available on their website at
http://www.nampower.com.na/Media.aspx?m=Annual+Reports.

The audit report issued on the financial statements of the Issuer is unqualified, with no modifications
applicable.

Furthermore, the Issuer would like to advise noteholders that there have been restatements, to previously
published annual financial statements for the years ended 30 June 2017 and 30 June 2018, included in the
financial statements due to a classification error. Further details of the restatements are disclosed under
note 30 of the financial statements.


20 January 2020

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 20-01-2020 04:45:00
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