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ADRENNA PROPERTY GROUP LIMITED - Trading Statement

11 June 2019 - 17:35 PM
ANA
Trading Statement

ADRENNA PROPERTY GROUP LIMITED
(Registration Number 1998/012245/06)
Share Code: ANA ISIN: ZAE000163580
(Adrenna or the Group)


TRADING STATEMENT


In terms of paragraph 3.4(b) of the Johannesburg Stock Exchanges Listing Requirements, a listed
company is required to publish a trading statement as soon as it is satisfied that a reasonable degree
of certainty exists that the financial results for the period to be reported upon next will differ, by at
least 20%, from those of the previous corresponding period.

Shareholders are advised that:
-    the Groups headline earnings per share (HEPS) for the year ended 28 February 2019 are
     expected to be between -0.07 and -0.79 cents per share, reflecting a decrease of between 101%
     and 111% from the HEPS of 7.2 cents per share reported for the year ended 28 February 2018;
-    basic earnings per share (EPS) for the year ended 28 February 2019 are expected to be
     between 0.6 and 1.4 cents per share, reflecting a decrease of between 98% and 95% from the
     EPS of 28 cents per share reported for the year ended 28 February 2018.
-    Net asset value and tangible net asset value per share is expected to be between 290.6 and
     292.9 cents per share reflecting an increase of between 0.2% and 1% on the net asset value and
     tangible net asset value per share of 290 cents reported for the year ended 28 February 2018.

The final announcement of the results for the year ended 28 February 2019 will be released on SENS
on or about 18 June 2019.

This trading statement and the forecast financial information contained herein has not been reviewed
and reported on by the Groups external auditors.

Johannesburg
11 June 2019


Sponsor
Arbor Capital Sponsors Proprietary Limited

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