Sharenet Sites 
Sharenet Sites
Trading Statement
SAFARI INVESTMENTS RSA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2000/015002/06
Share code: SAR
ISIN: ZAE000188280
(Approved as a REIT by the JSE)
("Safari" or "the Company")
TRADING STATEMENT
In terms of the JSE Limited Listings Requirements, a listed property entity may adopt
distribution per share as the applicable criteria for trading statement purposes and is then
required to publish a trading statement as soon as it becomes reasonably certain that the
distribution per share for the next period to be reported on will differ by 15% or more from the
distribution per share for the previous corresponding period.
Although the last 6-months of the financial year ended 31 March 2022 (1 October 2021 to
31 March 2022) continued to be impacted by the period of civil unrest experienced in
July 2021, property revenue recovered well due to tenant retention and improved trade at
retail assets.
The Company hereby advises that a reasonable degree of certainty exists that the final
dividend distribution per share for the 6-month period ended 31 March 2022, will be between
31 cents and 33 cents. This represents an increase of between 24% and 32% compared to
the final dividend distribution of 25 cents per share reported for the comparative 6-month
period ended 31 March 2021.
Accordingly, the Company hereby further advises that a reasonable degree of certainty exists
that the aggregate distribution per share (comprising of the interim and final dividends) for
the financial year ended 31 March 2022, will be between 56 cents and 58 cents. This
represents an increase of between 33% and 38% compared to the aggregate distribution of
42 cents per share reported for the comparative 12-month period ended 31 March 2021.
The financial information on which this trading statement is based has not been reviewed or
reported on by the auditor of the Company. The audited results for the financial year ended
31 March 2022 are expected to be published on or about 29 June 2022.
Pretoria
22 June 2022
Sponsor
PSG Capital
Date: 22-06-2022 05:00:00
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