TREMATON CAPITAL INVESTMENTS LIMITED - Unaudited Condensed Consolidated Interim Results for the six months ended 28 February 2026

Unaudited Condensed Consolidated Interim Results for the six months ended 28 February 2026

TREMATON CAPITAL INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/008691/06)
JSE code: TMT   ISIN: ZAE000013991
Main Board - General Segment
("Trematon", "the company" or "the group")

UNAUDITED CONDENSED CONSOLIDATED INTERIM RESULTS
for the six months ended 28 February 2026

SALIENT FEATURES
                                                              Unaudited     Unaudited
                                                                   2026          2025             %
                                                                  R'000         R'000        change
Revenue*                                                          2 492         6 722          (63%)
Operating loss*                                                  (8 171)       (4 645)         (76%)
Loss after tax*                                                 (14 192)      (39 336)         (64%)
Headline (loss)/earnings                                        (17 682)        6 384         (377%)
Headline (loss)/earnings from discontinued operations            (3 543)       43 617         (108%)
                                       
Loss per share (cents) - continuing operations                     (6.3)        (17.2)
(Loss)/earnings per share (cents) - discontinued operations       (10.3)          5.8
Loss per share (cents) - continuing and discontinued operations   (16.6)        (11.4)         (46%)
                                       
Headline loss per share (cents) - continuing operations           (0.06)        (0.17)
Headline (loss)/earnings per share (cents) 
- discontinued operations                                         (0.02)         0.20
Headline (loss)/earnings per share (cents) 
- continuing and discontinued operations                          (0.08)         0.03         (365%)
                                       
Net asset value per share (cents)                                   127           288          (56%)
Intrinsic net asset value per share (cents)                         151           344          (56%)

No dividend was declared in the current interim period (HY 2025: 110 cents per share).

*  The statement of comprehensive income comparative figures were restated to account for the 
   discontinued operations. For details regarding the discontinued operations removed from the 
   comparative line items, refer to note 5 in the interim report.

DIRECTORS' STATEMENT
The directors, who take responsibility for the contents of this short-form announcement, 
present the unaudited condensed consolidated interim results of Trematon Capital Investments 
Limited for the six months ended 28 February 2026 ("interim report").

The interim results were prepared under the supervision of the chief financial officer, 
Mr AL Winkler CA(SA).

This announcement has been prepared in compliance with the relevant provisions in the JSE Listings 
Requirements. The information in this announcement has been extracted from the unaudited interim 
results. This announcement itself has not been reviewed or audited.

The financial information is only a summary and does not contain full details of the interim 
financial results. This announcement does not include the information required pursuant to 
paragraph 16A(j) of IAS 34. Any investment decisions by investors and/or shareholders should be 
based on information contained in the full announcement, which is available on the JSE website 
and on the company's website.

The full interim report is available on the company's website at the following address:
https://www.trematon.co.za/download/2629

The full interim report is available on the JSE website at the following address:
https://senspdf.jse.co.za/documents/2026/jse/isse/tmt/hy2026.pdf

Copies of the full interim report may also be requested at the company's registered office by 
contacting the company during office hours on +27 21 421 5550.  

Domicile and registered office: 3rd Floor, Aria North Wharf
42 Hans Strijdom Avenue, Foreshore, Cape Town 8001 
PO Box 15176, Vlaeberg 8018
Directors: R Lockhart-Ross (Chairman)*#, AJ Shapiro (Chief Executive Officer), 
AL Winkler (Chief Financial Officer), JP Fisher*#, K Getz*, A Groll, MA Sessions*#, R Stumpf*
* Non-executive # Independent 
Secretary: JJ Vos
Transfer secretaries: JSE Investor Services (Pty) Limited
One Exchange Square, 2 Gwen Lane, Sandown, Sandton, 2196
Sponsor: Questco Corporate Advisory (Pty) Limited 
Auditor: Moore Cape Town Inc.
Date published: 28 May 2026
Contact details: Tel: 021 421 5550 
Website: www.trematon.co.za


Date: 28-05-2026 09:00:00
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