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RENERGEN LIMITED - Trading Statement

Release Date: 18/10/2024 08:30
Code(s): REN     PDF:  
Wrap Text
Trading Statement

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" or "the Group")


TRADING STATEMENT


In terms of 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 20% or more from the
financial results for the previous corresponding period.

The Company hereby advises that a reasonable degree of certainty exists that for the current
reporting period, being the interim period ended 31 August 2024 ("Current Reporting
Period"), the loss per share will be between 42.7 and 48.7 cents per share, being between
43% and 63% greater, compared to the loss per share of 29.91 cents for the prior reporting
period. Headline loss per share will be between 42.7 and 48.7 cents per share, being between
43% and 63% greater, compared to the headline loss per share of 29.87 for the prior reporting
period. The loss and headline loss per share is primarily due to the lack of production time on
both helium and LNG during the commissioning period leading up to the end of the financial
period in question.

The financial information on which this trading statement is based has not been reviewed or
reported on by the auditor of the Company. The reviewed results of the Current Reporting
Period are expected to be published on or about 31 October 2024.


Johannesburg
18 October 2024

Authorised by: Stefano Marani
Chief Executive Officer

Designated Advisor
PSG Capital


To readers reviewing this announcement on the Stock Exchange News Service (SENS), this
announcement may contain graphics and/or images which can be found in the PDF version
posted on the Company's website.

www.renergen.co.za

For all media relations please contact:
investorrelations@renergen.co.za

For all US investors and media relations please contact:
Georg Venturatos – Gateway Group, (949) 574-3860
Ren@gateway-grp.com

Date: 18-10-2024 08:30:00
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