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RENERGEN LIMITED - Abridged Audited Consolidated Annual Financial Statements For The Year Ended 28 February 2023

Release Date: 31/05/2023 16:20
Code(s): REN     PDF:  
Wrap Text
Abridged Audited Consolidated Annual Financial Statements For The Year Ended 28 February 2023

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”)



ABRIDGED AUDITED CONSOLIDATED ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023



1.   SALIENT FEATURES

Revenue increased by 381% to R12.7 million, from R2.6 million in the prior corresponding
period.

Headline loss per share (“HLPS”) decreased by 28.3% to 19.89 cents per share, from 27.73
cents per share in the prior corresponding period.

Loss per share (“LPS”) decreased by 28.4% to 19.86 cents per share, from 27.73 cents per
share in the prior corresponding period.

No dividends were declared or paid during the financial year under review and 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/2023/JSE/ISSE/REN/FY23REN.pdf

Copies of the Full Announcement which incorporates the abridged consolidated annual financial
statements are also available for viewing on the Company’s website at
https://www.renergen.co.za/renergen-investor-centre/financial-reporting/ or may be requested
in person, at the Company’s registered office or the office of the designated advisor, 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.

The consolidated annual financial statements have been audited by the Company’s auditors,
BDO, who expressed an unmodified audit opinion thereon. The full auditor’s report includes
details of key audit matters and is available, along with the audited consolidated annual financial
statements, on the Company’s website at https://www.renergen.co.za/renergen-investor-
centre/financial-reporting/.

Shareholders are advised that due to the delayed release of the consolidated annual financial
statements by the Company’s external auditors, the Company’s shares will be suspended from
trade on the Australian Stock Exchange (“ASX”) on 1 June 2023.

Johannesburg
31 May 2023
Authorised by: Stefano Marani
Chief Executive Officer

Designated Advisor
PSG Capital

www.renergen.co.za

Date: 31-05-2023 04:20:00
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