Summary Consolidated Results For The Year Ended 31 August 2019 Purple Group Limited (Incorporated in the Republic of South Africa) (Registration number 1998/013637/06) Share code: PPE ISIN: ZAE000185526 ("Purple Group" or "the Company" or "the Group") SUMMARY CONSOLIDATED RESULTS FOR THE YEAR ENDED 31 AUGUST 2019 GROUP HIGHLIGHTS - Group Revenue increased by 40% from R70.2 million to R98.5 million; - Group costs were contained, increasing by 6%; - Loss attributable to shareholders reduced from R26.7 million to R9.5 million, an improvement of 64%. COMPARED TO THE PREVIOUS CORRESPONDING PERIOD ENDED 31 AUGUST 2018: - PURPLE GROUP'S BASIC AND HEADLINE LOSS PER SHARE IMPROVED BY 64% AND 65% RESPECTIVELY. BASIC LOSS PER SHARE REDUCED FROM 2.94 CENTS TO 1.06 CENTS AND HEADLINE LOSS PER SHARE REDUCED FROM 3.00 CENTS TO 1.06 CENTS. - THE GROUP'S NET ASSET VALUE PER SHARE DECREASED BY 2.7% FROM 29.89 CENTS TO 29.09 CENTS. Highlights of the Group's principal operating entities confirm continued growth across all metrics in EasyEquities and see GT247.com trending up towards historical profit levels: EASYEQUITIES HIGHLIGHTS - EasyEquities revenue increased by 157% to R40.8 million; - Platform assets increased by 157% to R9.0 billion; - Funded retail investment accounts increased by 62% to 111 331; - RISE has now secured mandates totalling R5.4 billion; - EasyEquities was awarded Best Tax-Free Savings Account for the fifth time at the Top Stockbroker Awards; - Retail deposits increased by 27% to R1.5 billion. GT247.COM HIGHLIGHTS - GT247.com trading revenue increased by 6.8% to R51.2 million; - GT247.com costs decreased by 6.2% to R37.0 million; - Profit before tax increased by 73% to R17.7 million; - GT247.com awarded Top Online Broker at the Top Stockbroker Awards; - GT247.com awarded Second Best CFD Provider at the Top Stockbroker Awards. POWER IN PARTNERSHIPS, EXTRAORDINARY GROWTH Purple Group had a great year all round. Group revenue increased by 40% whilst costs were contained at 6%. Overall this resulted in a 64% decline in the basic loss per share. Trading revenue is solid and the group's ambitious growth strategy in EasyEquities has again been evidenced in this year's result. It has taken some time and management determination and effort to get GT247.com, our award-winning trading business, back on track. GT247.com reported a profit before tax of R17.7 million, up 73% over last year. Looking ahead now, there is no doubt that EasyEquities will continue to be at the heart of what drives the Purple Group. EasyEquities has established itself as a leading Fintech retail brand in South Africa, as our many awards and growing client base attest. Organic growth continues to play its part, however, more and more it's our partnerships that are going to set us apart. Platform assets grew 157% over the past year, and more than R4.5 billion of that growth came from partners, RISE, being the most significant of these. RISE is a retirement fund administration and investment fund management business which is 50% owned by EasyEquities. Our strategy of expanding, diversifying and strengthening our multitude of client acquisition channels is bearing fruit. This is a far cheaper form of client acquisition and we are extremely proud of and grateful for the quality of our partnerships and the value they add to our business. 26 November 2019 This short-form announcement is the responsibility of the directors and is only a summary of the information in the full announcement and does not contain full or complete details. Any investment decision should be based on the full announcement which is available on our website www.purplegroup.co.za or at https://senspdf.jse.co.za/documents/2019/jse/isse/PPE/PPE2019.pdf Copies of the full announcement may also be requested at the offices of our sponsors and at our registered offices at no charge, during office hours. This announcement is extracted from audited information, but is not itself audited. Any forward-looking statement has not been reviewed or reported on by the company's external auditors. Executive directors: Charles Savage (Chief Executive Officer) Gary van Dyk (Chief Financial Operations Officer) Non-executive directors: Happy Ntshingila* (Chairman) Arnold Forman* Craig Carter* Bonang Mohale Mark Barnes (*Independent) Company Secretary: 4 Africa Exchange Registry Proprietary Limited Registered office: 16th Floor 25 Owl Street Braamfontein Werf 2092 PO Box 411449, Craighall, 2024 Auditors: BDO South Africa Incorporated, Registered Auditors Wanderers Office Park 52 Corlett Drive Illovo 2196 Share registrars: 4 Africa Exchange Registry Proprietary Limited Sponsors: Deloitte and Touche Sponsor Services Proprietary Limited The Woodlands 20 Woodlands Drive Woodmead 2196 Date: 26-11-2019 02:31:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 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