Conduit Capital extends cautionary as liquidation, share suspension continue

Conduit Capital Limited has renewed its cautionary announcement, referencing previous updates from June and September 2022, and its latest renewal dated July 15, 2025. This advisory follows a High Court order to place its main subsidiary, CICL, into liquidation and a subsequent request by Conduit Capital's board for a suspension of trade in the company's shares. The suspension aims to allow the board to engage with the liquidator, fully assess the impact of the liquidation order on Conduit Capital's business, and publish its audited financial results for the year ended June 30, 2022.

The company highlights continuing uncertainties surrounding the comprehensive impact of the liquidation order on its business operations. Furthermore, the publication of its audited financial results for the year ended June 30, 2023, remains outstanding due to ongoing engagement with the liquidator.

Given CICL's status as Conduit Capital's primary subsidiary and the persistent uncertainty regarding the liquidation order's implications, shareholders are advised to continue exercising caution when dealing in the company's securities until a further announcement is made. The announcement was released from Cape Town on August 26, 2025, and is sponsored by Merchantec Capital.