To view the PDF file, sign up for a MySharenet subscription.

MAZOR GROUP LIMITED - Condensed consolidated results for the financial year ended 29 February 2020

Release Date: 27/07/2020 16:55
Code(s): MZR     PDF:  
Wrap Text
Condensed consolidated results for the financial year ended 29 February 2020

Incorporated in the Republic of South Africa
Registration number: 2007/017221/06
JSE share code: MZR
ISIN: ZAE000109823
("the company")



                                                           % Change              Audited         Audited
                                                                              year ended      year ended
                                                                            29 Feb 2020     29 Feb 2019
                                                                                       R               R
 Total revenue                                                     (8.16)   366 476 705     399 037 473
 Operating loss                                                    (7.94)   (22 497 399)    (20 842 574)
 Basic earnings per share (cents)                                 (73.55)         (26.90)         (15.50)
 Headline earnings per share (cents)                              (52.94)         (23.40)         (15.30)
 Weighted average number of ordinary shares (’000)                          104 519 228     105 033 804
 No dividend was declared or paid in the current or prior year.


This short-form announcement is the responsibility of the directors and is only a summary of the full
announcement and does not contain full or complete details. Any investment decisions made by
investors and / or shareholders should be based on consideration of the full announcement published
on SENS on 27 July 2020 and which can be found on the company’s website

The full announcement is also available at

The full announcement is available for inspection at the company’s registered office and at the
Sponsor’s office during office hours at no charge from 27 July 2020. Copies of the full announcement
may also be requested from the Company Secretary

The information in this press announcement has been extracted from the audited information, but
the announcement itself is not audited.

These annual results for the year ended 29 February 2020 have been audited by the company’s
auditor, Mazars, who expressed an unmodified audit opinion thereon. The audit opinion also includes
communication of key audit matters. The going concern assessment of Mazor was included as part
of the key audit matters in the auditor’s report. The directors believe that the group has adequate
financial resources to continue in operation for the foreseeable future, including specific
consideration of the risk associated with COVID-19. The audit opinion is available, along with the
annual financial statements, and the summary financial results, on the company’s website at:
On behalf of the board
F Boner               R Mazor
Chairperson           Chief Executive Officer

Cape Town
27 July 2020


Incorporated in the Republic of South Africa

Registration number 2007/017221/06
JSE share code: MZR
ISIN: ZAE000109823

Registered address:
8 Monza Road, Killarney Gardens, 7441
(PO Box 60635, Table View, 7439)

Company secretary:
Ivor Mark Bloom

F Boner (Chairperson)*^, R Mazor (CEO), L Mazor (Financial Director), S Mazor, A Groll*^,
M Kaplan*^, A Varachhia*^

*Non-executive director ^Independent

L Mazor CA(SA)

Bridge Capital Advisors (Pty) Limited, 50 Smits Street, Dunkeld, 2196
(PO Box 651010, Benmore, 2010)

Date: 27-07-2020 04:55:00
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.

Share This Story