Audited Annual Consolidated Results for the Year Ended 31 December 2020
WESIZWE PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2003/020161/06
Share code: WEZ
ISIN number: ZAE000075859
(“Wesizwe” or “the Company”)
AUDITED ANNUAL CONSOLIDATED RESULTS FOR THE YEAR ENDED 31 DECEMBER
2020, DISTRIBUTION OF INTEGRATED ANNUAL REPORT AND NOTICE OF ANNUAL
GENERAL MEETING
1. SALIENT FEATURES
Administration expenses increased by 15% to R75.44 million, from R65.64 million in the
prior corresponding period.
Headline earnings per share (“HEPS”) decreased by 47% to 3.17 cents per share, from a
Headline earnings of 5.95 cents per share in the prior corresponding period.
Earnings per share (“EPS”) decreased by 47% to 3.18 cents per share, from a 5.95 cents
earnings per share (Restated) in the prior corresponding period.
2. SHORT-FORM ANNOUNCEMENT
This short-form announcement is the responsibility of the directors of the Company. It
contains only a summary of the information in the full announcement (“Full
Announcement”) and does not contain full or complete details. The Full Announcement
can be found at:
https://senspdf.jse.co.za/documents/2021/JSE/ISSE/WEZ/AnnWEZ20.pdf
Copies of the Full Announcement is also available for viewing on the Company’s website
at https://www.wesizwe.co.za/cmsAdmin/uploads/Wesizwe-AFS-31-Dec-2020.pdf or
may be requested in person, at the Company’s registered office or the office of the
sponsor, at no charge, during office hours.
Any investment decisions by investors and/or shareholders should be based on
consideration of the Full Announcement, as a whole.
These abridged financial statements have been extracted from the complete set of
financial statements, but is itself not audited, on which the auditors,
SizweNtsalubaGobodo Grant Thornton Inc., have expressed an unqualified audit opinion.
The full auditor’s report includes details of key audit matters. This auditor’s report is
available, along with the annual financial statements, on the Company’s website at
https://www.wesizwe.co.za/cmsAdmin/uploads/Wesizwe-AFS-31-Dec-2020.pdf.
Furthermore the integrated annual report is available on the Company’s website at
https://www.wesizwe.co.za/cmsAdmin/uploads/Wesize-integrated-annual-report-
2020.pdf
3. DISTRIBUTION OF INTEGRATED ANNUAL REPORT
Shareholders of the Company (“Shareholders”) are hereby advised that the Company’s
integrated annual report (“Integrated Annual Report”), incorporating the full audited
consolidated annual financial statements of the Company for the year ended 31
December 2020 (“Annual Financial Statements”) and the notice of the annual general
meeting of the Company (“Notice of AGM”) was distributed to Shareholders today, 30
March 2021.
The Integrated Report and the Annual Financial Statements will also be available on the
Company’s website, at www.wesizwe.com as from today, 30 March 2021.
4. NOTICE OF AGM
Notice is hereby given that the annual general meeting (“AGM”) will be held via video
conference on Friday, 7 May 2021 at 09h00 to transact the business as set out in the
notice of AGM which forms part of the Integrated Annual Report.
The date on which Shareholders must be recorded as such in the share register of the
Company to be eligible to vote at the AGM is Friday, 30 April 2021, with the last day to
trade being Monday, 26 April 2021.
Johannesburg
30 March 2021
Sponsor
PSG Capital
Date: 30-03-2021 03:00:00
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