WESIZWE PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 2003/020161/06
Share code: WEZ
ISIN number: ZAE000075859
(‘Wesizwe‘ or ‘the Company‘)
TRADING STATEMENT
In accordance with paragraph 3.4(b) 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 more than 20%
from
the financial results for the previous corresponding period.
The Wesizwe board of directors therefore wishes to advise shareholders that a reasonable
degree of certainty exists that, for the six months ended 30 June 2024, the Company will
report:
– earnings per share will be between 1.40 cents and 13.32 cents, representing an increase
of more than 100% compared to the loss per share of 59.63 cents reported for the six
months ended 30 June 2023; and
– headline earnings per share will be between 1.40 cents and 13.32 cents, representing an
increase of more than 100% compared to the loss per share of 59.63 cents reported for
the six months ended 30 June 2023.
Earnings per share and headline earnings per share for the six months ended 30 June 2024
increased mainly due to the foreign exchange gains unrealised on foreign denominated loans.
The financial information on which this trading statement is based has not been reviewed and
reported on by the Company’s external auditors.
The reviewed results for the six months ended 30 June 2024 are expected to be published on
or about 27 September 2024.
Johannesburg
20 September 2024
Sponsor
PSG Capital