Enhanced Investments - Financial Portal

Trading statement and availability of B-BBEE certificate

Published: 2023-04-06 18:05:21 ET

 NU-WORLD HOLDINGS LIMITED
 (Incorporated in the Republic of South Africa)
 (Registration Number 1968/002490/06)
 Share Code: NWL ISIN code: ZAE000005070
 (“Nu-World” or “the Company)


Trading statement and availability of B-BBEE certificate

Trading statement

In terms of the JSE Limited Listings Requirements, a company is required to publish a trading statement
as soon as it becomes aware that the financial results for the next period to be reported on will differ by
at least 20% or more from those of the corresponding prior period.

For the interim period ended 28 February 2023 shareholders are advised that:

    •   earnings per share of between 141,6 cents and 173,0 cents, corresponding to a decrease of
        between 45% and 55% in comparison to 314,6 cents reported for the interim period ended 28
        February 2022 (“Previous Corresponding Period”); and
    •   headline earnings per share of between 141,4 cents and 172,9 cents, corresponding to a
        decrease of between 45% and 55% in comparison to 314,3 cents reported for the Previous
        Corresponding Period.

The decrease is mainly attributable to a distressed local and global economy due to unprecedented
global and local events, high inflation and rapidly rising interest rates.

The financial results for the period ended 28 February 2023 will be published on or about 20 April 2023.

Availability of B-BBEE certificate

In accordance with paragraph 16.20(g) and Appendix 1 to Section 11 of the JSE Limited Listings
Requirements, shareholders are advised that the Company’s annual B-BBEE certificate is available on
the Company’s website at https://nuworld.co.za/financials/.

Johannesburg


6 April 2023

JSE Sponsor to Nu-World




Questco Corporate Advisory Proprietary Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.