30 Jul - 2 min read

Change in External Auditor

Change in External Auditor

'Spur Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/000828/06)
Share code: SUR
ISIN: ZAE 000022653
(“Spur Corporation” or “the group” or “the company”)


NOTIFICATION OF CHANGE IN EXTERNAL AUDITORS FOR THE YEAR ENDING 30
JUNE 2022

Shareholders of Spur Corporation (“Shareholders”) are advised that in anticipation of the
mandatory audit firm rotation requirements of the Independent Regulatory Board for
Auditors, the company has concluded a Request for Proposal Process to appoint a new
external audit firm for its 2022 financial year. Pursuant to paragraph 3.75 of the JSE
Listings Requirements the Audit Committee has recommended, and the board of directors
of the company has endorsed, the proposed appointment of PricewaterhouseCoopers
Incorporated (“PWC”) as the external auditors of Spur Corporation, with Mr. Anton Hugo
as the designated individual audit partner, effective for the financial year ending 30 June
2022.

Following 22 years as auditors to the company, KPMG Inc’s (“KPMG”) tenure as external
auditors will end upon the conclusion of its responsibilities relating to the audit of the group
for the financial year ended 30 June 2021, which is expected to be concluded at or about
the end of September 2021.

PWC’s appointment as external auditors will become effective as soon as KPMG’s
appointment concludes, subject to Shareholder approval at the next Annual General
Meeting (“AGM”) of the company. An ordinary resolution proposing the appointment of
PWC as external auditor of the company will be included in the notice of AGM.

Spur Corporation would like to thank KPMG for their valuable contribution to the group
over the years and looks forward to working with PWC.

Cape Town
30 July 2021
Sponsor
Sasfin Capital
A member of the Sasfin Group




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Date: 30-07-2021 10:10:00
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