FREEDOM PROPERTY FUND LIMITED - Trading statement in respect of the six month period ended 31 August 2018

Trading statement in respect of the six month period ended 31 August 2018

FREEDOM PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
Registration number: 2012/129186/06
Share code: FDP
ISIN: ZAE000185260
(“the Company” or “Freedom”)
TRADING STATEMENT IN RESPECT OF THE SIX MONTH PERIOD ENDED 31 AUGUST 2018

In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they are satisfied that there is a reasonable degree of certainty
that the financial results for the next reporting period will differ by more than 20% from those of the
previous corresponding period.

Accordingly, a review by management of the financial results for the six month period ended 31 August 2018
indicates, with a reasonable degree of certainty, that the interim results for the period ended 31 August 2018, when compared with the published results for the interim period ended 31 August 2017
(“Comparative Period”), will differ as follows:

    •   earnings per share (“EPS”) are expected to decrease by 0.71 cents per share to a loss per
        share of 0.61 cents, as compared to the EPS of 0.10 cents for the Comparative Period; and

    •   headline losses per share (“HLPS”) are expected to increase by 0.19 cents per share to the
        HLPS of 0.56 cents, as compared to the HLPS of 0.37 cents for the Comparative Period,
        representing an increase in HLPS of 52%.

It is expected that Freedom will release its financial results in respect of the six month period ended 31 August 2018 on or about 28 August 2020.

The financial information on which this trading statement is based has not been reviewed or reported on by the Company’s external auditors.


Paarl
26 August 2020

Sponsor
Questco Corporate Advisory (Pty) Ltd

Date: 26-08-2020 01:50:00
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