In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of Pamodzi Hotels Plc (“the Company”) hereby advises the Shareholders of the Company that the Earnings per Share (“EPS”) for the financials for the financial year ended 31 March 2022 are expected to be higher than the EPS for the financials for the financial year ended 31 March 2021 by 48%. The movement in EPS can be attributed to the reduction in the Company’s loss. The Impact of the Covid pandemic were better in 2021 compared to 2020.
Shareholders are advised that the information contained in this Trading Statement has not been reviewed nor reported on by the external auditors of the Company. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s Securities until publication of the results which will be published on 10th June 2022.
Pangaea Securities Limited