Trustco suspends LSH transaction pending JSE regulatory review

Trustco Group Holdings Limited announced the temporary suspension of further implementation of the LSH Sale & Conversion Agreement (the "Transaction") on December 17, 2025. The decision follows a regulatory alignment review by the board to ensure the Transaction remains consistent with the "no-change-in-control" framework approved by the JSE and shareholders on January 7, 2025.

The suspension includes the issuance of the remaining shares related to the Transaction. This measure is a prudent step to ensure ongoing compliance with JSE Listings Requirements and the parameters under which the Transaction was initially approved. The company stated that the suspension does not affect the validity of the Transaction at this stage.

A further announcement will be made once the regulatory alignment assessment is concluded. Shareholders are advised to exercise caution when dealing in the company's securities until more information is published.