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Trading Statement

EFORA ENERGY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE Share Code: EEL
ISIN: ZAE000248258
(“the Company” or together with its subsidiaries and joint venture “the Group”)

In terms of paragraph 3.4(b) 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 differ by 20% or more from the financial results for the previous corresponding period.

The Company hereby advises that a reasonable degree of certainty exists that for the six-month period ended 31 August 2024 (“Current Interim Reporting Period”), the loss and headline loss per share will be between 1.47 cents and 1.61 cents, representing a greater loss of between 99% and 118%, compared to the loss and headline loss per share of 0.74 cents reported for the six-month period ended 31 August 2023.

The financial information on which this trading statement is based has not been reviewed or reported on by the auditor of the Company. The reviewed results for the Current Interim Reporting Period are expected to be published on or about 26 November 2024.

Johannesburg
18 November 2024

Sponsor
PSG Capital

For further information please contact:

Efora Energy Limited
Darrin Arendse
+27 (0)10 591 2260

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