Unreviewed Interim Results for the Six Months Ended 31 August 2019 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” or “the Group”) UNREVIEWED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2019 1. SALIENT FEATURES Operating profit of R3.3 million relative to an operating loss of R34.8 million in the prior corresponding period. Headline earnings per share (“HEPS”) of 0.85 cents per share relative to a headline loss per share of 12.57 cents per share in the prior corresponding period. Earnings per share (“EPS”) of 0.83 cents per share relative to a loss per share of 12.63 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/EELE/EELH12019.pdf Copies of the Full Announcement are also available for viewing on the Company’s website at https://www.eforaenergy.com/category/investor-centre/financial-results/ 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. Johannesburg 27 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: 27-11-2019 05:22:00 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.
Email this JSE Sens Item to a Friend.