4SIGHT HOLDINGS LIMITED - Trading Statement and Restatement of Prior Year Interim Results

Trading Statement and Restatement of Prior Year Interim Results

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: C148335 C1/GBL)
(“4Sight” or “the Company”)
ISIN Code: MU0557S00001       JSE Code: 4SI

TRADING STATEMENT AND RESTATEMENT OF PRIOR YEAR INTERIM RESULTS

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 differ by 20% or more from the financial results for the previous corresponding
period.

For the purposes of this trading statement it is necessary to compare the loss per share and headline
loss per share for the six-month period ended 30 June 2019 to the restated figures for the six-month
period ended 30 June 2018, as set out below.

Shareholders are accordingly advised that for the six-months ended 30 June 2019, the Company
expects to report:

-     a loss per share of 1.78 USD cents, reflecting a decrease in excess of 100% as compared to the
      restated earnings per share of 0.12 USD cents reported for the six months ended 30 June 2018;
      and

-     a headline loss per share of 0.03 USD cents, reflecting a decrease in excess of 100% as compared
      to the restated headline earnings per share of 0.13 USD cents reported for the six months ended
      30 June 2018.

RESTATEMENT OF PRIOR YEAR INTERIM RESULTS

Following the publication of the interim results for the six months ended 30 June 2018, the Group
performed additional assessments of the financial impact associated with the first-time adoption of
IFRS 9 Financial instruments and IFRS 15 Revenue from Contracts with Customers. The aforementioned
assessments will result in restatements to the Group statement of financial position and statement of
comprehensive income for the interim results ended 30 June 2018. The effect of the restatement on
the earnings per share and the headline earnings per share are shown below:

                                              Previously reported results            Restated results
                                                             30 June 2018                30 June 2018
Earnings per share (USD cents)                                       0.15                        0.12
Headline earnings per share (USD cents)                              0.15                        0.13

The financial information on which this trading statement is based has not been reviewed and
reported on by the Company’s auditors. The reviewed results for the six-month period ended 30 June
2019 are expected to be published on or about 13 December 2019.

By order of the board

Mauritius
13 December 2019

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 13-12-2019 12:34:00
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