EX-99.1 12 nt10006851x7_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

Representation to the Securities and Exchange Commission Pursuant to Item 8.A.4 of Form 20-F

IBEX Limited (the “Company”) has included in this Registration Statement on Form F-1 audited consolidated financial statements, prepared in accordance with International Financial Reporting Standards, for the fiscal years ended June 30, 2019 and 2018, and unaudited condensed consolidated interim financial statements for the nine month periods ended March 31, 2020 and 2019.

Instruction 2 to Item 8.A.4 of Form 20-F (the “Instruction”) provides that a company may comply with only the 15-month requirement in such item if the issuer is able to represent that it is not required to comply with the 12-month requirement in any other jurisdiction outside the United States and that complying with the 12-month requirement is impracticable or involves undue hardship.

Pursuant to the Instruction, the issuer hereby represents to the U.S. Securities and Exchange Commission that:


1.
the Company is not required by any jurisdiction outside the United States to comply with a requirement to issue audited financial statements not older than 12 months after the Company’s fiscal year-end;


2.
full compliance with Item 8.A.4 of Form 20-F at present is impracticable and involves undue hardship for the Company;


3.
the Company does not anticipate that its audited financial statements for the fiscal year ended June 30, 2020 will be available until September 2020; and


4.
in no event will the Company seek effectiveness of this registration statement on Form F-1 if its audited financial statements are older than 15 months at the time of the Company’s initial public offering.

Date: July 29, 2020
 
IBEX Limited
     
 
By:
/s/ Karl Gabel
 
Name:
Karl Gabel
 
Title:
Chief Financial Officer