FREEDOM PROPERTY FUND LIMITED - Trading statement in respect of the year ended 28 February 2019

Trading statement in respect of the year ended 28 February 2019

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 YEAR ENDED 28 FEBRUARY 2019

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 financial year ended 28 February
2019 indicates, with a reasonable degree of certainty, that the financial results for the period ended 28 February 2019, 
when compared with the published results for the period ended 28 February 2018 (“Comparative Period”), will differ as follows:

    •   losses per share (“LPS”) are expected to increase by 0.68 cents per share to LPS of 1.09 cents,
        as compared to the LPS of 0.41 cents for the Comparative Period; and

    •   headline losses per share (“HLPS”) are expected to increase by 0.25 cents per share to HLPS
        of 1.73 cents, as compared to the HLPS of 1.38 cents for the Comparative Period, representing
        an increase of 26% from the Comparative Period.

It is expected that Freedom will release its audited financial results in respect of the financial year ended
28 February 2019 on or about 31 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 02:11:00
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