GRAND PARADE INVESTMENTS LIMITED - Audited Results For The Year Ended 30 June 2019

Audited Results For The Year Ended 30 June 2019

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)


AUDITED RESULTS FOR THE YEAR ENDED 30 JUNE 2019


1.   SALIENT FEATURES

     Revenue increased by 28% to R1.4 billion, from R1.1 billion in the prior corresponding
     period.
     Operating profit from continuing operations increased by 104% to R44.2 million, from
     R21.6 million in the prior corresponding period.
     Headline earnings per share increased by 180% to 8.91 cents per share, from a headline
     loss per share of 11.18 cents in the prior corresponding period.
     The basic loss per share decreased by 27% to 8.48 cents, from a basic loss per share of
     11.66 cents in the prior corresponding period.
     Net asset value per share (“NAVPS”) decreased by 15% to 391 cents per share, from 461
     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/2019/JSE/ISSE/GPLE/Final 19.pdf
     
     Copies of the Full Announcement is also available for viewing on the Company’s website at:
     https://thevault.exchange/?get_group_doc=13/1568954069-GPIGroup30June2019Summarisedresults.pdf
     or may be requested in person, at the Company’s registered office or the office of the sponsor,
     at no charge, during office hours.
     
     Any investment decisions by investors and/or shareholders should be based on
     consideration of the Full Announcement, as a whole.

20 September 2019
Sponsor
PSG Capital

Date: 20/09/2019 07:08:00
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