AFRICAN MEDIA ENTERTAINMENT LIMITED - Trading Statement

Trading Statement

AFRICAN MEDIA ENTERTAINMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1926/008797/06)
Share code AME ISIN ZAE000055802
(“the company”)


TRADING STATEMENT


In terms of the Listings Requirements of the Johannesburg Stock Exchange,
companies are required to publish a trading statement as soon as there is a
reasonable degree of certainty that the financial results for the period to be
reported upon will differ by at least 20% from the financial results for the
previous corresponding period.

In the current year, the company performed well and significantly increased its
profitability from 2022. Shareholders are advised that it is reasonably certain
that, for the financial year ended 31 March 2023:

   -   the headline earnings per share will be between 450 cents and 520 cents
       per share as compared to the headline earnings of 371,6 cents per share
       reported for the financial year ended 31 March 2022, an increase of
       between 21% and 40%, and

   -   the earnings per share will be between 450 cents and 520 cents per
       share as compared to the earnings of 372,2 cents per share reported for
       the financial year ended 31 March 2022, an increase of between 21%
       and 40%.

Shareholders are further advised that the company is in the process of finalising
its results for the period concerned and it is expected that these results will be
released on SENS on or about 2 June 2023.

The financial information on which this trading statement is based has not been
reviewed nor reported on by the company’s auditors.

By order of the board.

Johannesburg
25 May 2023


Sponsor
AcaciaCap Advisors Proprietary Limited

Date: 25-05-2023 02:50:00
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