CatalystWireBeta

APPROVALS FOR TEMPORARY SUSPENSION OF TRADING AND UPDATE ON EXTENSION FOR FINANCIAL RESULTS

In brief · summary, not quotable

Grit Real Estate Income Group has obtained approvals from the FCA and the Stock Exchange of Mauritius for a temporary suspension of trading in its ordinary shares, effective May 1, 2026, due to a delay in publishing its audited financial results for the 18-month period ending December 31, 2025. The company has also received an extension for the publication of these results from the SEM. Grit intends to apply for the restoration of its listing and the lifting of the trading suspension once the financial results are published.

Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your GR1T notes

(Registered in Guernsey)

(Registration number: 68739)

LSE share code: GR1T

SEM share code: DEL.N0000

("Grit" or the "Company" and, together with its subsidiaries, the "Group")

APPROVALS FOR TEMPORARY SUSPENSION OF TRADING

AND UPDATE ON EXTENSION FOR FINANCIAL RESULTS

Approvals for temporary suspension of trading

Shareholders of the Company and the general public are referred to the communique released on 29 April 2026, regarding the Company’s request for a temporary suspension of the listing of its ordinary shares, following a delay in the publication of its audited financial results for the 18-month period ended 31 December 2025. (“Financial Results”)

The Board of Directors (the “Board”) now confirms that the requisite approvals for the temporary suspension of trading have been obtained from the Financial Conduct Authority (“FCA”) in the United Kingdom and the Stock Exchange of Mauritius Ltd (“SEM”).

In alignment with the suspension on the London Stock Exchange (“LSE”), the Company formally requested a suspension of dealings from the SEM, which has been duly granted. Accordingly the suspension of dealings will take effect from 07:30 a.m. (UK time) on Friday, 1 May 2026, and from commencement of trading on the SEM on Monday, 4 May 2026 (given Friday, 1 May 2026 is a public holiday in Mauritius).

Following the publication of the Financial Results, the Company intends to apply to the FCA and SEM for the restoration of the listing, and the lifting of the suspension of dealings in its ordinary shares.

The Company will keep shareholders and the public informed of further developments as and when appropriate.

Update on extension for Financial Results

In light of the delay in the finalisation of the audit, a request was made for an extension for the publication of the Financial Results, which has been duly approved by the SEM.

The Company is working towards finalising its accounts and a further communique will be issued once the Company has a definitive date for the publication of the Financial Results.

By Order of the Board

Grit Real Estate Income Group Limited is a pan-African impact real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa). These high-quality assets are underpinned by predominantly US$ and Euro denominated long-term leases with a wide range of blue-chip multi-national tenant covenants across a diverse range of robust property sectors.

The Company is committed to delivering strong and sustainable income for shareholders, with the potential for income and capital growth. The Company holds its primary listing on the Main Market of the London Stock Exchange (LSE: GR1T and a dual currency trading secondary listing on the Stock Exchange of Mauritius (SEM: DEL.N0000 (USD) / DEL.C0000 (MUR))

Directors: Nigel Nunoo+ (Chairman), Bronwyn Knight (Chief Executive Officer) *, Hugo Jordaan (Chief Financial Officer) *, Michael Dorn (Chief Restructuring Officer) *, David Love+, Catherine McIlraith+, and Lynette Finlay+

(* Executive Director) (+ independent Non-Executive Director)

Company secretary: Intercontinental Fund Services Limited

Corporate service provider: Mourant Governance Services (Guernsey) Limited

Registered office address: PO Box 186, Royal Chambers, St Julian's Avenue, St Peter Port, Guernsey GY1 4HP

Registrar and transfer agent (Mauritius): Onelink Ltd

SEM authorised representative and sponsor: Perigeum Capital Ltd

UK Transfer secretary: MUFG Corporate Markets

This notice is issued pursuant to the FCA Listing Rules, SEM Listing Rule 15.24 and the Mauritian Securities Act 2005. The Board of the Company accepts full responsibility for the accuracy of the information contained in this communiqué.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note