Enhanced Investments - Financial Portal

Trading Statement

Published: 2022-08-05 14:00:00 ET

Cognition Holdings Limited (JSE:CGN) News - Trading Statement

COGNITION HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1997/010640/06)
Share code: CGN ISIN: ZAE000197042
(“Cognition” or “the Company”)

TRADING STATEMENT

In terms of the Listings Requirements of the Johannesburg Stock Exchange, companies are required to
publish a trading statement as soon as they become reasonably certain that the financial results for the
period to be reported on will differ by more than 20% from that of the previous corresponding period.

Shareholders of the company are advised that it is reasonably certain that, for the year ended 30 June
2022:

•   Headline earnings per share is expected to be between 1.04 and 1.34 cents per share, representing
    a decrease compared to the headline earnings of 3.03 cents per share reported for the year ended
    30 June 2021.

Trading in the last six months has improved and additional cost saving measures have resulted in the
company being able to report a headline profit for the year while Private Property Proprietary Limited
was able to continue reinvestment into its core systems and processes.

•   Loss per share is expected to be between 22.24 and 22.06 cents per share, representing a
    decrease compared to the earnings of 0.90 cents per share reported for the year ended 30 June
    2021.

The sharp decline in earnings per share was driven by the impairment of goodwill and intangible assets
in the first six months of the year, due to the uncertainty of the future economic benefits of these assets.

The financial information on which this trading statement is based has not been reviewed or reported on
by the company’s auditors. Cognition’s interim financial results are expected to be released on SENS
on or about 1 September 2022

Johannesburg
5 August 2022

Sponsor
AcaciaCap Advisors Proprietary Limited

Date: 05-08-2022 04:00:00
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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.