“When we embarked on our journey more than three decades ago in Windhoek, Namibia, we had a mission to support the growth and prosperity of our young nation,” commented Dr. Quinton van Rooyen, CEO of Trustco. “As we prepare to list on Nasdaq, we carry with us not just our company’s ambitions, but the aspirations of our country to become an economic powerhouse on the African continent, committed to the ideals of constitutional democracy, as well as free and fair markets. “

“As a conduit for investors seeking exposure to high-quality African assets, we believe the addition of a primary Nasdaq listing will not only help drive wealth creation for shareholders but also allow us to capitalize on new opportunities while contributing to the continent’s overall economic development. In October 2024, the Nasdaq was the largest stock exchange worldwide by value of electronic order book share trading,” concluded Dr. van Rooyen.

Shareholders will probably be up to date on the progress of the deliberate Nasdaq itemizing, together with filings with the U.S. Securities and Exchange Commission (“SEC”) and, if and when out there, the anticipated date of itemizing. In phrases of the present itemizing necessities below the JSE, an affirmative shareholder vote of fifty% plus one vote, excluding the controlling shareholder, is required to approve the deliberate itemizing on Nasdaq, and a round will probably be submitted to shareholders to request approval for the altering of Trustco’s bizarre shares major itemizing from the JSE to Nasdaq.

Cautionary Statements
There will be no assurance that Trustco will be capable to acquire shareholder approval for the deliberate Nasdaq itemizing. Trustco’s itemizing on Nasdaq can be topic to the approval of Nasdaq and the satisfaction of its relevant itemizing necessities. While Trustco will not be at present conscious of any points, there will be no assurance that Trustco will fulfill all relevant necessities for itemizing on Nasdaq or that its software to listing on Nasdaq will probably be accredited. In reference to the deliberate itemizing of the bizarre shares, Trustco plans to terminate its ADR program in accordance with its phrases.

Trustco expects to file a registration assertion within the U.S. regarding the proposed Nasdaq direct itemizing with the U.S. Securities and Exchange Commission (“SEC”) following formal notification to the JSE and NSX. Trustco’s securities is probably not bought nor could gives to purchase be accepted previous to the time the registration assertion to be filed turns into efficient, apart from Trustco’s securities traded within the JSE, NSX and OTCQX. When out there, a written prospectus for the providing assembly the necessities of part 10 of the U.S. Securities Act of 1933, as amended (the “Act”), could also be obtained from Trustco by contacting shares@tgh.na.

This media launch is being made pursuant to, and in accordance with, Rule 135 below the Act, and shall not represent a proposal to promote or the solicitation to of a proposal to purchase Trustco’s securities, nor shall there be any sale of those securities in any state or jurisdiction through which such provide, solicitation or sale can be illegal previous to registration or qualification below the securities legal guidelines of any such state or jurisdiction.

About Trustco:
Trustco Group Holdings Limited is a holding firm headquartered in Windhoek, Namibia, that owns subsidiaries engaged in numerous enterprise actions spanning the actual property, mining, insurance coverage, micro-finance, and schooling sectors.
Trustco’s bizarre shares are listed within the JSE below the image “TTO” and within the NSX below the image “TUC.” Trustco’s American Depositary Shares are quoted on the OTCQX via its ADR program below the image “TSCHY.”

Forward-Looking Statements:
All statements made on this media launch with respect to Trustco’s present plans, estimates, methods beliefs and different statements that aren’t historic details, together with statements relating to Trustco’s plans to listing on Nasdaq, Trustco’s potential to fulfill relevant Nasdaq itemizing necessities, Trustco’s potential to acquire shareholder approval to proceed with its Nasdaq itemizing, Trustco’s potential to file and have declared efficient a registration assertion with the SEC associated to its proposed Nasdaq itemizing, and the anticipated outcomes of such registration and itemizing, are forward-looking statements. In some circumstances, you’ll be able to establish forward-looking statements as a result of they comprise phrases equivalent to “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or the damaging of those phrases or different related phrases or expressions. Such statements mirror the present views of administration and are topic to quite a lot of dangers and uncertainties. The Company could not really obtain the plans, intentions or expectations disclosed in its forward-looking statements, and you shouldn’t place undue reliance on these forward-looking statements. The statements are primarily based on many assumptions and elements, together with normal financial and market situations, trade situations, and working elements. Any adjustments in such assumptions or elements may trigger precise outcomes to vary materially from present expectations.