CHOPPIES ENTERPRISES LIMITED - Trading Statement

Trading Statement

CHOPPIES ENTERPRISES LIMITED
(Incorporated in the Republic of Botswana)
Registration number: BW00001142508
BSE SHARE CODE: CHOPPIES
JSE SHARE CODE: CHP
ISIN: BW0000001072
(“Choppies” or “the Company”)

TRADING STATEMENT

In terms of the Listings Requirements of the Botswana Stock Exchange (“BSE”) and the Johannesburg Stock Exchange
Limited (“JSE”), companies are required to publish a trading statement as soon as they become reasonably certain
that the financial results for the period to be reported on next will differ by more than 10% (in the case of the BSE) or
more than 20% (in the case of the JSE) from the financial results reported for the previous corresponding period.

Choppies is currently finalising its financial results for the 12 months ended 30 June 2022 (“FY2022”) and expects the
HY2022 financial results to fall within the following ranges:-

                                                                    FY2022           FY2022                FY2021
                                                                 Expected range   Expected range         As reported
                                                                      (%)         (BWP Millions)       (BWP Millions)
 Profit after tax - continuing operations                          67% - 87%            137 - 153           82
 Profit after tax - continuing & discontinued operations          132% - 152%           139 - 151           60

The FY2022 financial results will fall within the following thebe per share ranges: -

                                                            FY2022                         FY2022          FY2021
                                                                                          Expected       As reported
                                                                                        range (thebe     (thebe per
                                                        Expected increase %              per share)         share)
 Basic earnings per share                         97%        -          117%             10.2 - 11.3          5.2
   Continuing operations                          55%        -          75%              10.1 - 11.4          6.5
 Headline Earnings per share                      81%        -          101%             11.7 – 13.0          6.5
   Continuing operations                          81%        -          101%             11.7 – 13.0          6.5


The estimated financial information on which this trading statement is based has not been reviewed nor reported on
by the Company’s external auditors.

Accordingly, shareholders are advised to exercise caution when trading in the Company’s securities until such time as
the actual results are released. The Company expects to release its FY2022 financial results on or about
22 September 2022.

The Company’s primary listing is on the BSE and its secondary listing is on the JSE.

12 September 2022

BSEL Sponsoring Broker                                                     JSE Sponsor
Stockbrokers Botswana Limited                                              PSG Capital

Date: 12-09-2022 02:00:00
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