Trading Update - Letshego Holdings Limited
LETSHEGO HOLDINGS LIMITED
Incorporated in the Republic of Botswana Co. 981442
Registration number 98/442
(JSE Code: “BILETS”)
(“Letshego Holdings” or “the Company” or “the Issuer”)
NOTICE TO ALL SHAREHOLDERS - TRADING UPDATE
24 FEBRUARY 2022
This announcement is being released on the Johannesburg Stock Exchange for
information purposes only in respect of Letshego Holdings Limited’s Note
Programme.
Letshego Holdings Limited ("LHL" I "the Group" I "Letshego") was incorporated
in 1998, is headquartered in Gaborone and has been publicly listed on the
Botswana Stock Exchange (BSE) since 2002. Letshego is a pan-African
inclusive finance organisation with a presence in 11 countries, and
committed to improving the lives of individuals and small entrepreneurs by
extending the reach and impact of its customised, digitised financial
products and solutions.
In line with the Listing Requirements of the Botswana Stock Exchange, the
Board of Letshego Holdings Limited hereby provides a trading update to its
valued shareholders as follows:
Letshego Group’s Profit before Taxation (PBT) for the twelve month period
ending 31 December 2021 is expected to be between 10% and 15% higher (between
P103 million to P155 million higher) than the Profit before Taxation for the
twelve month period ending 31 December 2020.
The Group’s Profit After Taxation (PAT) for the same twelve month period
ending 31 December 2021 is expected to be between 13% and 18% higher (between
P82 million to P114 million higher) than the Profit After Taxation for the
twelve month period ending 31 December 2020.
Letshego Holdings remains in a closed period, and thus shareholders are
advised to exercise due caution when dealing in Letshego Holdings Ltd
securities until an announcement of its full year results on 03 March 2022 is
made.
By order of the Group Board
ENOS BANDA ANDREW F OKAI
Group Board Chairman Group Chief Executive
Debt Sponsor in South Africa
The Standard Bank of South Africa Limited, acting through its Corporate and
Investment Banking division
Date: 25-02-2022 07:15:00
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