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Reviewed Condensed Consolidated Interim Financial Statements For The Six Months Ended 31 August 2022

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Published: 2022-10-28 12:30:28 ET
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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): 93998352675
ASX Share code: RLT
(“Renergen” or “the Company”)


     REVIEWED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS
     FOR THE SIX MONTHS ENDED 31 AUGUST 2022


1.   SALIENT FEATURES

     Revenue remained the same as the prior corresponding period of R1.2 million.

     The operating loss before taxation increased by 9.9% to R30 million from an operating
     loss of R27.3 million in the prior corresponding period.

     Headline loss per share decreased by 8.3% to a headline loss of 19.31 cents per share,
     from a headline loss of 21.05 cents per share in the prior corresponding period.

     Loss per share decreased by 8.3% to a loss of 19.31 cents per share, from a loss of 21.05
     cents per share in the prior corresponding period.

     The board of directors, after careful consideration, has elected to not declare a dividend
     for the period ended 31 August 2022 (August 2021: nil).

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/2022/JSE/ISSE/REN/RENHY23.pdf

     A copy of the Full Announcement is also available for viewing on the Company’s website
     at https://www.renergen.co.za/RENHY2023.pdf. or may be requested in person, at the
     Company’s registered office or the offices of Renergen’s designated advisor, PSG
     Capital, 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.

     These interim results have been reviewed by the Company’s auditors, BDO South Africa
     Incorporated. who expressed an unmodified review opinion thereon.

Johannesburg
28 October 2022
Authorised by: Stefano Marani
Chief Executive Officer

Designated Advisor
PSG Capital

For Australian Investors & Media, contact Citadel-MAGNUS

Cameron Gilenko, 0466 984 953

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