First Mutual Holdings Limited (FMHL) wishes to advise its shareholders and members of the public that the Zimbabwe Stock Exchange has granted approval for the extension of the publication deadline for the financial statements for the year ended 31 December 2024 to 30 April 2025. The delay has arisen from the requirement to comply with the recently issued Public Accountants and Auditors Board (PAAB) Technical Paper on Financial Reporting and Auditing which stipulates that, where a company’s general purpose financial statements are in United States Dollars, special-purpose financial statements must also be prepared in Zimbabwe Gold (ZWG), and the translated special purpose financial report must be audited. As FMHL’s auditors have indicated the ZWG special purpose financial statements represent a separate mandate, this has resulted in some unavoidable delays.
BY ORDER OF THE BOARD
S F Lorimer
Company Secretary
4 April 2025