EFORA ENERGY LIMITED - Trading statement

Trading statement

EFORA ENERGY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE Share Code: EEL
ISIN: ZAE000248258
(“the Company” or together with its subsidiaries “the Group”)

TRADING STATEMENT

In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a listed company is required
to publish a trading statement as soon as it becomes reasonably certain that the financial results for
the period to be reported on next will differ by at least 20% or more from the financial results for the
previous corresponding period.

The Company hereby advises that a reasonable degree of certainty exists that for the twelve months
ended 28 February 2021:

   -   headline loss per share will be between 33.51 cents and 34.51 cents, representing a
       decrease of between 38.47 cents and 39.47 cents per share when compared to the headline
       earnings per share of 4.96 cents reported for the twelve months ended 28 February 2020;
       and

   -   loss per share will be between 46.33 cents and 46.71 cents, representing a decrease of
       between 44.47 cents and 44.85 cents per share when compared to the loss per share of 1.86
       cents reported for the twelve months ended 28 February 2020.

The financial information on which this trading statement is based has not been reviewed or reported
on by the Company’s auditors.

The Group’s results for the twelve months ended 28 February 2021 are expected to be published
on or about 15 May 2023.

Johannesburg
8 May 2023

Sponsor
PSG Capital

For further information please contact:

Efora Energy Limited
Darrin Arendse
+27 (0)10 591 2260

Date: 08-05-2023 03:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.