Unaudited condensed consolidated interim results for the six months ended 30 November 2020 OneLogix Group Limited (Incorporated in the Republic of South Africa) (Registration number 1998/004519/06) JSE share code: OLG ISIN: ZAE 000026399 ("OneLogix" or "the company" or "the group") Short-form announcement: Unaudited condensed consolidated interim results for the six months ended 30 November 2020 HIGHLIGHTS Revenue down by 16% to R1,22 billion EBITDA* down by 9% to R187 million EPS down by 39% to 10,0 cps HEPS down by 41% to 10,1 cps Core HEPS down by 43% to 11,5 cps NAV up 5% to 411,4 cps NTAV up 5% to 343 cps Sale and leaseback of Umlaas Road phase 3 development concluded Acquisition of Agritrans No dividend declared * Calculated as operating profit plus depreciation and amortisation, retrenchment costs and share-based payments Notwithstanding the prevailing listless economic environment, each of the 12 group companies is in good health having weathered the Covid-19-related impact. Some have achieved a profit improvement, while others remain inherently relevant with a strong underlying business strategy, skilful, resilient and innovative management teams together with a strong customer base that will ensure their sustainability. Dividends After careful consideration, the board has decided not to declare an interim dividend, as the group wishes to preserve its cash resources given prevailing uncertain market conditions and the need to expand and grow the business should the opportunities arise. Prospects Trading conditions for all group companies are expected to remain difficult for the foreseeable future. We are experiencing a significant reduction in vehicle stockholding volumes in our storage yards as a result of the reduced stockholding models implemented by the original equipment manufacturers to navigate current trading conditions as well as component stock shortage affecting production output. We will continue to monitor the situation. Going forward, our strategy remains unaltered. We will continue to focus on extracting maximum efficiencies from existing businesses in order to protect and grow their individual market shares in their respective niche markets. The executive management team maintains full confidence in our experienced, stable management teams with their proven entrepreneurial skills, and fully expects them to continue guiding our businesses through the prevailing unprecedented and tough market conditions. Notwithstanding the difficult market conditions, our tested business models have ensured that each group business remains well-placed within its respective market and is well-equipped to both withstand economic headwinds and to exploit emerging opportunities. We expect acquisitive opportunities to continue, given the severity of the economic difficulties and we will continue to assess these appropriately together with further start-up opportunities. This short-form announcement is the responsibility of the directors and is only a summary of the information in the full announcement. The full announcement can be found on the company's website at www.onelogix.com - http://onelogix.com/documents/interimResults/OneLogix-interim-results-booklet-2020.pdf, and can also be accessed using the following JSE link https://senspdf.jse.co.za/documents/2021/jse/isse/OLG/HY21result.pdf from Thursday, 18 February 2021. Copies of the full announcement may also be requested at the company's registered office (46 Tulbagh Road, Pomona, Kempton Park) and at the office of the sponsor (6th Floor, 1 Park Lane, Wierda Valley, Sandton) at no charge, during office hours from Thursday, 18 February 2021 to Thursday, 25 February 2021. Any investment decision should be based on the full announcement published on SENS and on the company's website. By order of the board Ian Lourens CEO Geoff Glass FD 18 February 2021 Directors LJ Sennelo (Chairperson)*# NJ Bester GM Glass (FD) AJ Grant*# IK Lourens (CEO) CV McCulloch (COO) IM Pule*# KV Ratshefola*# K Schoeman* * Non-executive # Independent Registered office 46 Tulbagh Road Pomona Kempton Park PostNet Suite 10 Private Bag X27 Kempton Park 1620 Company secretary CIS Company Secretaries (Pty) Ltd Rosebank Towers 15 Biermann Avenue Rosebank 2191 Private Bag X9000 Saxonwold 2132 Transfer secretaries Computershare Investor Services (Pty) Ltd Rosebank Towers 15 Biermann Avenue Rosebank 2191 Private Bag X9000 Saxonwold 2132 Sponsor Java Capital 6th Floor 1 Park Lane Wierda Valley Sandton 2196 Date: 18-02-2021 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 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