Condensed Consolidated Interim Financial Results for the six Months Ended 30 June 2022
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”)
CONDENSED CONSOLIDATED INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS
ENDED 30 JUNE 2022
1. SALIENT FEATURES
- Administration expenditure increased by 166% to R27.63 million, from R10.37 million
in the prior corresponding period.
- Headline earnings per share decreased by 19.11 cents per share to a headline loss of
4.09 cents per share (2021: headline earnings of 15.02 cents per share).
- Earnings per share decreased by 19.11 cents per share to a loss of 4.09 cents per
share (2021: earnings of 15.02 cents per share).
- The board of directors, after careful consideration, has elected to not declare a
dividend for the period ending 30 June 2022 (2021: nil).
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/2022/JSE/ISSE/WEZ/IntWEZ22.pdf
A copy of the Full Announcement is also available for viewing on the Company’s website
at www.wesizwe.co.za/downloads/2022/interims-june-2022.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 interim results have been reviewed by the Company’s auditors,
SizweNtsalubaGobodo Grant Thornton Inc. who expressed an unmodified review opinion
thereon.
Johannesburg
30 September 2022
Sponsor
PSG Capital
Date: 30-09-2022 04:30:00
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