Trading Statement
EPP N.V.
(Incorporated in The Netherlands)
(Company number 64965945)
JSE share code: EPP
ISIN: NL0011983374
LEI Code: 7245003P7O9N5BN8C098
(“EPP” or “the company”)
TRADING STATEMENT
Shareholders are referred to the previous announcements released on SENS and published on the Luxembourg Stock
Exchange (“LuxSE”) website on 16 March, 23 March, 30 April and 25 May 2020 in response to the impact of the COVID-
19 pandemic and the trading restrictions placed on Polish shopping centres and retail locations. Shareholders are further
referred to the COVID-19 and pre-close update released on SENS and published on the LuxSE website on 29 June 2020
wherein, inter alia, shareholders were advised that full year earnings are expected to be between 4 and 5 euro cents per
share for the year ended 31 December 2020 and that the board would assess the payment of an interim dividend when
finalising its half year results in September 2020.
EPP’s dividend of 5.80000 euro cents per share for the six months ended 30 June 2019 (the “prior period”) is used as the
base for purposes of this trading statement.
Shareholders are advised that EPP expects that distributable income per share for the six months ended 30 June 2020 will
decrease by 57% - 66% to 2.0 - 2.5 euro cents per share compared to the distributable income per share for the prior period.
EPP remains focused on initiatives to strengthen its balance sheet and to retain maximum liquidity, to ensure that the
company is well positioned to navigate through the current COVID-19 challenges and emerge a stronger and more resilient
business. As part of this process, the Board will assess the payment of a dividend when finalising its half year results in
September 2020.
EPP expects to release its results for the six months ended 30 June 2020 on 29 September 2020.
The financial information contained in this announcement has not been reviewed or reported on by EPP’s auditors.
18 September 2020
JSE Sponsor
Java Capital
Luxembourg Stock Exchange Listing Agent
Harneys Luxembourg
For more information:
Curwin Rittles, Investor Relations, EPP
Mobile: +48 885 982 310
Curwin.rittles@epp-poland.com
Java Capital, JSE Sponsor
Phone: +27 11 722 3050
Harneys Luxembourg, Luxembourg Stock Exchange Listing Agent
Phone: +352 27 86 71 02
Singular Systems IR
Michèle Mackey / Jacques de Bie
+27 (0)10 003 0700/+27 (0)82 497 9827
michele@singular.co.za / Jdebie@singular.co.za
Date: 18-09-2020 08:00:00
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