Trading Statement EFORA ENERGY LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: EEL ISIN: ZAE000248258 (“Efora” or “the Company”) TRADING STATEMENT In terms of the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as it becomes reasonably certain that the financial results for the next period to be reported on will differ by 20% or more from the financial results for the previous corresponding period. The Company hereby advises that a reasonable degree of certainty exists that for the six month period ended 31 August 2019 the earnings per share will be between 0.2 cents per share and 1.46 cents per share compared to the loss per share of 12.63 cents per share for the six month period ended 31 August 2018. Headline earnings per share will be between 0.22 cents per share and 1.48 cents per share compared to the headline loss per share of 12.57 cents per share for the six month period ended 31 August 2018. The financial information on which this trading statement is based has not been reviewed or reported on by the auditor of the Company. The results for the six months ended 31 August 2019 are expected to be published on or about 29 November 2019. Johannesburg 20 November 2019 Sponsor PSG Capital For further information please contact: Efora Energy Limited Tariro Gadzikwa +27 (0)10 591 2260 About Efora Efora Energy Limited is a South African based independent African oil and gas company, listed on the JSE. The Company has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo; midstream project relating to crude trading in Nigeria and material downstream distribution operations in South Africa. Our focus as a Group is on delivering energy for the African continent by using Africa’s own resources to meet the significant growth in demand expected over the next decade. Date: 20/11/2019 03:25:00 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.
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