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WESIZWE PLATINUM LIMITED - Trading Statement

Release Date: 08/03/2022 10:00
Code(s): WEZ     PDF:  
Wrap Text
Trading Statement

 WESIZWE PLATINUM LIMITED
Incorporated in the Republic of South Africa)
(Registration number 2003//02016106)
Share Code: WEZ
ISIN: ZAE000075859
(“the Company” or “Wesizwe”)

TRADING STATEMENT

In accordance with paragraph 3.4(b) of the JSE Limited Listings Requirements, companies
are required to publish a trading statement as soon as they become reasonably certain that
the financial results for the reporting period will differ by more than 20% from those of the
previous corresponding period.

The Wesizwe board of directors therefore wishes to advise shareholders that the Company
expects to report basic loss per share attributable to ordinary shareholders for the financial
year ended 31 December 2021 of between 1.19 cents and 1.83 cents per share, being
between 137% and 157% lower, compared to basic earnings per share of 3.18 cents per share
for the previous comparable period, being the financial year ended 31 December 2020.

The Company expects to report headline loss per share attributable to ordinary shareholders
for the financial year ended 31 December 2021 of between 1.16 cents and 1.80 cents per
share, being between 137% and 157% lower, compared to headline earnings per share of
3.17 cents per share for the previous comparable period, being the financial year ended 31
December 2020.

The financial information included in this trading statement has not been reviewed and
reported on by the Company’s external auditors.

The Company’s results for the financial year ended 31 December 2021 will be published on
or about 10 March 2022.

Johannesburg
8 March 2022

Sponsor
PSG Capital

Date: 08-03-2022 10:00:00
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