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RENERGEN LIMITED - Reviewed Condensed Consolidated Interim Results for the Six Months Ended 31 August 2020

Release Date: 16/10/2020 16:16
Code(s): REN     PDF:  
Wrap Text
Reviewed Condensed Consolidated Interim Results for the Six Months Ended 31 August 2020

RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
(“Renergen” or “the Company”)

REVIEWED CONDENSED CONSOLIDATED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2020

1.   SALIENT FEATURES

     Revenue decreased by 37% to R0.9 million, from R1.4 million in the prior corresponding
     period. Costs decreased significantly, resulting in a decreased in losses.

     Headline loss per share (“HLPS”) decreased by 35% to 22.90 cents per share, from 35.24
     cents per share in the prior corresponding period.

     Loss per share (“LPS”) decreased by 35% to 22.90 cents per share, from 35.24 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/2020/JSE/ISSE/REN/HY20REN.pdf

     Copies of the Full Announcement is also available for viewing on the Company’s website
     at https://www.renergen.co.za/reviewed-condensed-consolidated-interim-results-for-the-
     six-months-ended-31-august-2020/ or may be requested in person, at the Company’s
     registered office or the office of PSG Capital 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.

     These interim results have been reviewed by the Company’s auditors, Mazars who
     expressed an unmodified review opinion thereon

Johannesburg
16 October 2020

Authorised by: Stefano Marani
Chief Executive Officer

Designated Advisor
PSG Capital

Date: 16-10-2020 04:16:00
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