African Phoenix Investments Limited announced that company has changed its financial year end from 30 September to 30 June. Shareholders are referred to the SENS announcement released jointly by African Phoenix and Zarclear Holdings Limited on 3 December 2019 relating to a proposed merger between African Phoenix and Zarclear Holdings Limited and are further advised that the reason for the change in year end is to align both African Phoenix's and Zarclear's financial reporting periods, should the proposed merger be implemented.