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LETSHEGO HOLDINGS LIMITED - Performance Forecast For The Six-month Interim Period Ended 30 June 2022 - Letshego Holdings Limited

Release Date: 12/08/2022 12:35
Code(s): BILETS     PDF:  
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Performance Forecast For The Six-month Interim Period Ended 30 June 2022 - Letshego Holdings Limited

Letshego Holdings Limited
Incorporated in the Republic of Botswana
Registration number 98/442
(JSE Code: “BILETS”)
(“Letshego Holdings” or “the   Company” or “the issuer”)

This announcement is being released on the Johannesburg Stock Exchange for
information purposes only in respect of Letshego Holdings Limited’s Note
Programme.

Cautionary announcement

Performance forecast for the six-month interim period ended 30 June 2022

_________________________________________________________________________________

Letshego Holdings Limited (“LHL” I “the Group” I “Letshego”) was incorporated in
1998, is headquartered in Gaborone and has been publicly listed on the Botswana
Stock Exchange (BSE) since 2002. Letshego is an inclusive finance focused Group
with microfinance banking and consumer lending subsidiaries across eleven
countries in sub-Saharan Africa.

In line with section 5.4c of the Listing Requirements of the Botswana Stock
Exchange (BSE), an issuer must publish a cautionary announcement as soon as they
are satisfied that a reasonable degree of certainty exists that the relevant
matrix for the period to be reported upon next, will differ by at least 10% from
the most recent financial results for the previous corresponding period.

In this respect, the Board of Letshego Holdings Limited wishes to advise
shareholders that the Group’s profit before tax for the six months ended 30 June
2022 is expected to be between 15% and 20% lower (approximately P81.6 million to
P108.8 million) than that reported for the comparative period ended 30 June 2021,
which amounted to P544.1 million.

The Group confirms that its interim financial results for the six-month period
ended 30 June 2022 will be announced on Monday 29 August 2022.

In light of the closed period, shareholders and investors remain advised to
exercise caution when dealing in the Company’s securities until formal
publication of the interim results.




BY ORDER OF THE BOARD OF DIRECTORS OF LETSHEGO HOLDINGS LIMITED

12 August 2022




PHILIP ODERA                             AOBAKWE AUPA MONYATSI

Group Board Chairman                     Group Chief Executive

Debt sponsor in South Africa

Keletso Moloi: 0117218043 or keletso.moloi@standardbank.co.za

The Standard Bank of South Africa Limited, acting through its Corporate and
Investment Banking division

Date: 12-08-2022 12:35:00
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