GRAND PARADE INVESTMENTS LIMITED - Trading Statement

Trading Statement

GRAND PARADE INVESTMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)



TRADING STATEMENT


GPI is currently finalising its results for the six months ended 31 December 2021, which will
be published on or about 23 March 2022

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.

During the period Burger King South Africa and Grand Foods Meat Plant will be treated as
discontinued operations as the sale of these assets were concluded on the 3rd of November
2021.

The Company hereby advises that a reasonable degree of certainty exists that for the period
ended 31 December 2021.

-     headline earnings per share from continuing operations will be between 3,78 cents and
      3,90 cents, representing an increase of between 3.17 cents and 3.29 cents compared
      to the headline earnings per share from continuing operations of 0.61 cents reported for
      the period ended 31 December 2020;

-     headline earnings per share for the group will be between 4.67 cents and 4,87 cents,
      representing an increase of between 5,66 cents and 5,86 cents compared to the
      headline loss per share for the group of 0.99 cents reported for the period ended 31
      December 2020; and

-     earnings per share from continuing operations will be between 3,78 cents and
      3,90 cents, representing an increase of between 1,82 cents and 1,94 cents compared
      to the earnings per share from continuing operations of 1,96 cents reported for the six
      months ended 31 December 2020.

-     earnings per share for the group will be between 4,00 cents and 4,06 cents, representing
      an increase of between 4.30 cents and 4,36 cents compared to the loss per share for
      the group of 0,30 cents reported for the six months ended 31 December 2020.


Headline earnings per share from continuing operations increased mainly due to a recovery
in the gaming assets of the group. Furthermore, the reduction in debt and related finance
expenses as well as the reduction in head office costs also had a positive impact on the Group
earnings.

The financial information on which this trading statement is based has not been reviewed or
reported on by the auditor of the Company.
Cape Town
10 March 2022

Sponsor
PSG Capital

Date: 10-03-2022 03:30:00
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