Trading Statement
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EFORA ENERGY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE Share Code: EEL ISIN: ZAE000248258
(“Efora” or “the Company”)
TRADING STATEMENT
In terms 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 improve by 20% or more from the financial results for the previous corresponding period.
The financial information on which this trading statement is based has not been reviewed or reported on by the auditor of the Company. A more detailed trading statement will be released on SENS soon, while the reviewed results for the year ended 29 February 2020 are expected to be published before 31 August 2020.
Johannesburg
20 August 2020
Sponsor
PSG Capital
For further information please contact:
Efora Energy Limited
Damain Matroos
+27 (0)10 591 2260
About Efora
Efora Energy Limited is a South African based independent African oil and gas company, listed on the JSE. The Company has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo; a midstream project relating to crude trading in Nigeria and material downstream distribution operations throughout Southern Africa. Our focus as a Group is on delivering energy for the African continent by using Africa’s own resources to meet the significant growth in demand expected over the next decade.
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