PUTPROP LIMITED - Audited Consolidated Annual Financial Results for the Year Ended 30 June 2023 - Correction Announcement

Audited Consolidated Annual Financial Results for the Year Ended 30 June 2023 - Correction Announcement

Putprop Limited
Incorporated in the Republic of South Africa
(Registration number 1988/001085/06)
Share code: PPR | ISIN: ZAE000072310
(“Putprop” or “the Company” or “the Group”)


AUDITED CONSOLIDATED ANNUAL FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2023 -
CORRECTION ANNOUNCEMENT


Shareholders are referred to the ‘Audited consolidated annual financial results for
the year ended 30 June 2023, cash dividend declaration, distribution of annual
report and notice of annual general meeting’ announcement released on SENS on
15 September 2023 and hereby advised that:
-   Rentals and recoveries was erroneously reflected as R128 439 (2022: R111 325)
    instead of R128,439 million (2022: R111,325 million).
-   Operating Profit was erroneously reflected as R77 468 (2022: R67 283) instead of
    R77,468 million (2022: R67,283 million).
-   Total Debt was erroneously reflected as R504 942 million (2022: R448 556 million)
    instead of R504,942 million (2022: R448,556 million).

Shareholders are further advised that the same information has been amended on
certain pages* of the annual report, and an updated version thereof, which
incorporates the audited annual financial statements, including the audit opinion,
is available on the JSE cloudlink
https://senspdf.jse.co.za/documents/2023/jse/isse/ppr/ye23.pdf and on the
Company’s website at www.putprop.co.za

*Page 9, ‘the year in review’ and page 38, table under the ‘Chief Financial Officer
Reflects’. Additionally, NAV on page 53 was erroneously referred to as R1 612 (2022:
R1 601) instead of 1 612 cents (2022: 1 601 cents) and has been amended accordingly.


Sponsor
Merchantec Capital

18 September 2023

Date: 18-09-2023 05:44:00
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