PEMBURY LIFESTYLE GROUP LIMITED - Update on Previous Announcement

Update on Previous Announcement

PEMBURY LIFESTYLE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/205899/06)
(“PL Group” or “the Company”)
ISIN Code: ZAE000222949      JSE Code: PEM

UPDATE ON PREVIOUS ANNOUNCEMENTS


Finch Haven
Further to the announcement dated 2 February 2018, shareholders are advised that the 100%
member of Finch Haven Retirement CC (“Finch Haven”) is Mr Nicolas Georgiou. The property is
being acquired from Finch Haven as previously announced.

Pinetown Nursing and Home for the Aged CC (“Pinetown”) – Financial information
Further to the announcement dated 22 January 2018, shareholders are advised that the Company
has received some of the financial information relating to Pinetown:

The net profit after tax and net asset value as extracted from the unaudited Management Accounts
dated 31 August 2017 are set out below:

                                                                                            Rands
Net profit before tax                                                                      569 098
Net asset value                                                                          2 634 630

The net profit after tax and net asset value as extracted from the Annual Financial Statements for
the year ended 29 February 2016 are set out below:

                                                                                            Rands
Net loss for the year                                                                    (115 257)
Net asset value                                                                            625 505

The above figures have been extracted from the Practitioner’s Compilation Report. The Annual
Financial Statements were prepared in accordance with IFRS for Small and Medium-sized Entities.

Shareholders are advised that the Company has not yet received the Annual Financial Statements
for the year ended 28 February 2017. The balance of the financial information will be published in
due course.

Johannesburg
23 February 2018

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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