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CHOPPIES ENTERPRISES LIMITED - CANCELLATION OF S443120 Trading Statement

Release Date: 10/03/2021 07:05
Code(s): CHP
Wrap Text
CANCELLATION OF S443120 Trading Statement

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


TRADING STATEMENT

In terms of the Listings Requirements of the Botswana Stock Exchange (“BSE”) and the JSE 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 next on 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 6 months ended 31 December 2020 (“HY2021”)
and expects the HY2021 financial results to fall within the following Thebe per share ranges: -

                                                                                 HY2021         HY2020
                                                                                                  As
                                                                                Expected       reported -
                                                                              range - Thebe    Thebe per
                                                                                per share        share
 Basic earnings per share                                                        4.3 - 2.4        (9.5)
   Continuing operations                                                         4.5 - 5.5         5.2

 Headline Earnings per share                                                     5.1 - 3.3        (9.3)
   Continuing operations                                                         4.3 - 5.4         5.4


The estimated financial information on which this trading statement is based has not been reviewed nor
reported on by the Group’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 HY2021 financial results
on or about 18 March 2021.

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

By order of the Board
9 March 2021

BSEL Sponsoring Broker                                                     JSE Sponsor
Stockbrokers Botswana Limited                                              PSG Capital

Date: 10-03-2021 07:05:59
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