Wrap Text
Financial Results for the year ended 29 February 2020, Release of Integrated Annual Report and Notice of AGM
RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number ABN:
93998352675 ASX Share code: RLT
(“Renergen” or “the Company” or “the
Group”)
AUDITED SUMMARY OF CONSOLIDATED FULL YEAR RESULTS FOR THE YEAR ENDED 29 FEBRUARY 2020, RELEASE OF INTEGRATED ANNUAL
REPORT AND NOTICE OF AGM
1. SALIENT FEATURES
Revenue decreased by 13% to R2.6 million, from R3 million in the prior corresponding
period.
Headline loss per share (“HLPS”) increased by 3% to 47.31 cents per share, from 45.95
cents per share in the prior corresponding period.
Loss per share (“LPS”) increased by 2% to 47.92 cents per share, from 47.03 cents per
share in the prior corresponding period.
Net asset value per share (“NAVPS”) increased by 28% to 210.54 cents per share, from
164.01 cents per share in the prior corresponding period
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/2020/JSE/ISSE/REN/FY20REN.pdf
Copies of the Full Announcement is also available for viewing on the Company’s
website at https://www.renergen.co.za/wp-content/uploads/FY20REN.pdf
In addition, electronic copies of the Full Announcement may be requested and obtained,
at no charge, from the company at info@renergen.co.za
Any investment decisions by investors and/or shareholders should be based on
consideration of the Full Announcement, as a whole.
As per the JSE listing requirement these annual results have been audited by the
Company’s auditors, Mazars who expressed an unmodified audit opinion thereon. The
full auditor’s report includes details of key audit matters. This auditor’s report is available,
along with the annual financial statements, on the Company’s website at
https://www.renergen.co.za/wp-content/uploads/Final-Renergen_2020.pdf
3. RELEASE OF INTEGRATED ANNUAL REPORT AND NOTICE OF ANNUAL
GENERAL MEETING (“AGM”)
Shareholders are hereby advised that the integrated annual report was released
today electronically due to the Company operating within the restrictions available
during the Covid-19 lockdown. The integrated annual report, which incorporates
the notice of annual general meeting to be held electronically at 12:00 on Friday, 7
August 2020 in accordance with the provisions of the Companies Act 71 of 2008
of South Africa (“Companies Act”), as amended, and the Company’s
memorandum of incorporation.The integrated report will only be available on the
Company’s website at www.renergen.co.za The date on which shareholders must
be recorded as such in the share register for purposes of being entitled to
participate and vote at this meeting is Friday, 31 July 2020 (record date) with the
last day to trade being Tuesday, 28 July 2020.
Due to the impact of the COVID-19 pandemic, resultant health distancing
requirements and the restrictions placed on public gatherings, in-person
attendance and registration at the AGM will not be allowed. Shareholders are
advised that the AGM will be held in electronic format only
Shareholders wishing to participate in this electronic AGM should contact the
Mandy Stuart by email at info@renergen.co.za as soon as possible prior to the
AGM and, for practical reasons, are encouraged to do so by Wednesday, 5 August
2020 at 12:00.
The company secretary will provide shareholders with the requirements for and
details of electronic participation at the AGM. The company secretary is obliged to
validate such requests and confirm the identity of the shareholder in terms of
section 63(1) of the Companies Act and thereafter, if validated, provide further
details on using the electronic facility. In-person registration of meeting participants
will not be carried out at the registered office of the Company. Please note that
shareholders will not be able to vote via such electronic participation. and are
therefore encouraged to submit a form of proxy.
Shareholders are encouraged to vote through a proxy process, despite deciding to
participate electronically or not. Shareholders should complete their proxy forms
and lodge their proxy forms with the transfer secretaries, Computershare Investor
Services via email at proxy@computershare.co.za.
Forms of proxy (or letters of representation, as applicable) should kindly be lodged
electronically with the transfer secretaries by no later than Wednesday, 5 August
2020 at 12:00 provided that any form of proxy not received by this time may still be
lodged electronically with the company secretary up to the commencement of the
AGM.
Johannesburg
29 May 2020
Designated Adviser
PSG Capital
For Australian Investors & Media, contact Citadel-MAGNUS
Cameron Gilenko, 0466 984 953 Tom Kohlen, 0419 95 526
To readers reviewing this announcement on the Stock Exchange News Service (SENS), this
announcement may contain graphics and/or images which can be found in the PDF version
posted on the Company’s website. Please visit www.renergen.co.za
Date: 29-05-2020 09:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
