Conduit Capital renews caution as liquidation impacts key subsidiary

Conduit Capital Limited has renewed its cautionary announcement, referencing previous disclosures from June and September 2022, and its most recent renewal on August 26, 2025. This ongoing caution stems primarily from a High Court order placing its main subsidiary, CICL, into liquidation. The company continues to assess the full impact of this order on its operations.

Shareholders are also reminded of the board's request for the suspension of trade in Conduit Capital's shares. This suspension is intended to allow the board to fully engage with the liquidator, evaluate the complete ramifications of the liquidation order on the Conduit Capital business, and publish its audited financial results for the year ended June 30, 2022. The company notes that uncertainties persist regarding the full impact of the order and the timely publication of its audited financial results for the year ended June 30, 2023.

Given that CICL was a critical component of Conduit Capital's structure, the continued uncertainty surrounding the order's effect on the parent company prompts the recommendation for shareholders to maintain caution when trading in the company's securities. Further announcements are expected as the situation develops. The announcement was made from Cape Town on October 8, 2025 and sponsored by Merchantec Capital.