Sharenet Sites 
Sharenet Sites
Trading Statement
COGNITION HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1997/010640/06)
Share code: CGN ISIN: ZAE000197042
(“Cognition” or “the Group” or “the Company”)
TRADING STATEMENT
In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading
statement as soon as they become reasonably certain that the financial results for the period to be
reported on will differ by more than 20% from that of the previous corresponding period.
Accordingly, a review of the financial results for the year ended 30 June 2020 by management has
indicated that:
- the Headline Earnings Per Share (“HEPS”) is expected to be between 0.61 and 2.48 cents, reflecting
a decrease of between 93.4% and 73.4% compared to the HEPS of 9.31 cents reported for the year
ended 30 June 2019; and
- the loss per share is expected to be between 7.02 and 8.65 cents, as compared to the earnings per
share of 8.17 cents reported for the year ended 30 June 2019.
The decrease is attributed to difficult economic circumstances exacerbated by the COVID-19 lockdown
period. Despite an easing of gradual restrictions, the COVID-19 lockdown had a negative impact on the
Group. All operating subsidiaries were negatively affected by the lockdown, with research assets being
most severely affected. Our call to action services were severely affected as a result of some of our clients
not being allowed to trade at all and certain sectors of the economy, such as sports, still continuing to be
severely disrupted.
The negative effect of the COVID-19 lockdown has resulted in the Group having to re-assess the carrying
values of goodwill in its research assets which has resulted in impairments.
The financial information on which this trading statement is based has not been reviewed or reported on
by the Company’s auditors. The Company’s financial results are expected to be released on SENS on or
about 17 September 2020.
Johannesburg
8 September 2020
Sponsor
Merchantec Capital
Date: 08-09-2020 05:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
