LABAT AFRICA LIMITED - Trading Statement for the year ended 31 May 2023

Trading Statement for the year ended 31 May 2023

LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
("Labat Africa" or "the Company")
ISIN Code: ZAE000018354 
Share Code: LAB
FSE Code: LEI 9845000R73DF5EE41J88


TRADING STATEMENT FOR THE YEAR ENDED 31 MAY 2023



In terms of paragraph 3.4(b) of the Johannesburg Stock Exchange's Listing Requirements, a listed
company is required to publish a trading statement as soon as it is satisfied that a reasonable degree
of certainty exists that the financial results for the period to be reported upon next will differ, by at
least 20%, from those of the previous corresponding period. Shareholders are reminded that the
Company changed its year end from 31 August 2022 to 31 May 2022 and so the comparative period
is for the nine months ended 31 May 2022 ("Comparable Period").

Shareholders are advised that the Company will reflect an increased loss for the year ended 31 May
2023 compared to the Comparable Period.

-   The loss per share is expected to increase by 104.29% to (14.30) cents when compared to the
    loss per share of (7.0) cents for the Comparable Period.
-   The headline loss per share is expected to increase by 26.14% to (7.19) cents when compared
    to the headline loss per share of (5.70) cents for the Comparable Period.

The financial information contained herein has not been reviewed or reported on by Labat Africa's
external auditors.

JOHANNESBURG
2 December 2024
________________________________________________________________________________________________
Sponsor
Vunani Sponsor

Date: 02-12-2024 05:26:00
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