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Keepmoat Announces Change of Year End

July 10, 2018 – Keystone Midco Limited (“Keepmoat”) today announces that it intends to change its financial year end from 31 March to 31 October.

Keepmoat has made the decision to change its financial year end from 31 March to 31 October, in order to align its year end date with its build and sales cycle.  Keepmoat will prepare statutory accounts for the year ended 31 March 2018.  Subsequently, it will prepare statutory accounts for the 7 month period to 31 October 2018, and annually to 31 October thereafter.

Keepmoat will produce quarterly results for the quarters ending 30 June 2018 and 30 September 2018.  Subsequently, the quarterly reporting timetable will align to a 31 October financial year end, as follows:

  • Quarter 1:  31 January 2019
  • Quarter 2:  30 April 2019
  • Quarter 3:  31 July 2019
  • Quarter 4:  31 October 2019

Any questions regarding this press release should be directed to Keepmoat at:

Keepmoat Midco Limited
The Waterfront,
Lakeside Boulevard,
Doncaster,
South Yorkshire, DN4 5PL

Attention: Lisa Newbold
Tel: 01302 346 620
Email: investor.relations@keepmoat.com

Forward-Looking Statements

Keepmoat cautions you that statements included in this announcement that are not a description of historical facts are forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause Keepmoat’s results to differ materially from historical results or those expressed or implied by such forward-looking statements. Certain of these factors are discussed in more detail in the Offer document and under “Principal risks and uncertainties” and elsewhere in Keepmoat’s annual report for the year ended March 31, 2016. There can be no assurance that the transactions contemplated in this announcement will be completed. Keepmoat assumes no obligation to update any forward-looking statement included in this announcement to reflect events or circumstances arising after the date on which it was made.