Results for the year Ended 28 February 2021
Results for the year Ended 28 February 2021 AFRICAN DAWN CAPITAL LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/020520/06) Share code: ADW ISIN Code: ZAE000223194 (“the Company”) RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2021 1. SALIENT FEATURES Revenue decreased by 30.84% to R8.324 million, from R12.035 million in the prior corresponding period. Headline loss per share increased by 12.14% to 23.1 cents per share, from 20.6 cents per share in the prior corresponding period. Loss per share increased by 10.68% to 22.8 cents per share, from 20.6 cents per share 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/2021/JSE/ISSE/ADW/YE2021.pdf Copies of the Full Announcement is also available for viewing on the Company’s website at http://www.afdawn.co.za/wp-content/uploads/2021/06/african-dawn-sens- 10062021.pdf 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. These condensed consolidated financial results for the year have been independently reviewed by Mazars, who expressed an unqualified review conclusion with the following modifications: • Material uncertainty relating to going concern; and • Emphasis of matter relating to contingent liabilities; and • Emphasis of matter relating to the impact of COVID19. A copy of the auditor’s review conclusion is included along with the condensed consolidated financial results. Johannesburg 18June 2021 Designated Advisor PSG Capital Date: 18-06-2021 02:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.