Trading Statement
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 financial year ended 31 December 2023, the Company
will report:
- a loss per share of between 1.14 cents and 1.96 cents, representing a decrease in loss
per share of between 6.28 cents (76%) and 7.10 cents (86%) compared to the loss per
share of 8.24 cents reported for the previous comparable period, being the financial year
ended 31 December 2022; and
- a headline loss per share of between 0.95 cents and 1.77 cents, representing a decrease
in headline loss per share of between 6.47 cents (79%) and 7.29 cents (88%) compared
to the headline loss per share of 8.24 cents reported for the previous comparable period,
being the financial year ended 31 December 2022.
The financial information on which this trading statement is based has not been reviewed and
reported on by the Company's external auditors.
The Company's results for the financial year ended 31 December 2023 are expected to be
published on or about 28 March 2024.
Johannesburg
25 March 2024
Sponsor
PSG Capital
Date: 25-03-2024 02:00:00
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