AFRICAN DAWN CAPITAL LIMITED - Interim results for the six months ended 31 August 2024

Interim results for the six months ended 31 August 2024

AFRICAN DAWN CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/020520/06)
Share code: ADW
ISIN Code: ZAE000223194
("the Company")

INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2024

1.   SALIENT FEATURES

     -   Revenue decreased by 20.3% to R6.277 million, from R7.878 million in the prior
         corresponding period.

     -   Loss before taxation increased by 7.6% to R8.780 million, from R8.161 million in the prior
         corresponding period.

     -   Basic loss per share increased by 2.6% to 11.9 cents per share from 11.6 cents per share in
         the prior corresponding period.

     -   Headline loss remained the same at 11.9 cents per share, compared to 11.9 cents per share
         in the prior corresponding period.

     -   No dividends have been declared for this interim period (August 2023: nil).

2.   SHORT-FORM ANNOUNCEMENT

     This short-form announcement is the responsibility of the directors of the Company. It contains
     only a summary of the information in the full unaudited consolidated interim financial statements
     for the six months ended 31 August 2024 ("Interim Results") and does not contain full or complete
     details.

     The Interim Results can be found on the JSE cloudlink at:
     https://senspdf.jse.co.za/documents/2024/JSE/ISSE/ADW/ADW-HY25.pdf

     The Interim Results are also available for viewing on the Company's website at
     https://www.afdawn.co.za/wp-content/uploads/2024/11/afdawn-interim-24.pdf

     Any investment decisions by investors and/or shareholders should be based on consideration of
     the Interim Results, as a whole.

     This short-form announcement and the Interim Results, from which the information contained in
     this short-form announcement was extracted, have not been reviewed or audited by the
     Company's auditors.

Johannesburg
29 November 2024

Designated Advisor
PSG Capital

Date: 29-11-2024 08:35:00
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