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PEMBURY LIFESTYLE GROUP LIMITED - Further Trading Statement

Release Date: 19/09/2018 15:09
Code(s): PEM     PDF:  
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Further Trading Statement

PEMBURY LIFESTYLE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/205899/06)
(“PL Group” or “the Company”)
ISIN Code: ZAE000222949   JSE Code: PEM


FURTHER TRADING STATEMENT


Further to the trading statement released on SENS on 15 August 2018, a review of the financial
results for the year ended 31 December 2017 by management has indicated that:

-    the loss per share is expected to be (7.90) cents (and not (6.57) cents as previously stated),
     reflecting a decline of 71% compared to the loss per share of (4.61) cents for the year
     ended 31 December 2016; and

-    the headline loss per share is expected to be (7.53) cents (and not (6.20) cents as
     previously stated), reflecting a decline of 68% compared to the headline loss per share of
     (4.48) cents for the year ended 31 December 2016.

The Company included a profit forecast in its prospectus, which was issued on 9 March 2017
ahead of its listing on the JSE on 31 March 2017 wherein a loss per share and headline loss per
share of (1.30) cents and (0.87) cents was forecast.

Shareholders are advised that the loss per share and headline loss per share for the period
ended 31 December 2016 was for a period of 10 months. PL Group was granted a listing on the
Alternative Stock Exchange (“AltX”) of the JSE with effect from 31 March 2017. During 2016, the
Company changed its financial year end from February to December.

The financial information on which this trading statement is based has not been reviewed or
reported on by the Company’s auditors. The Company’s financial results are expected to be
released on SENS on or about 20 September 2018.

BY ORDER OF THE BOARD
Johannesburg
19 September 2018

Designated Advisor
Arbor Capital Sponsors

Date: 19/09/2018 03:09:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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