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Buligo Capital Ltd

Report Publication Announcement Aug 14, 2023

6708_rns_2023-08-14_a91a9d71-4aa0-438b-9ac8-a17605e42dc7.html

Report Publication Announcement

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National Storage Mechanism | Additional information

RNS Number : 1360J

Capital Limited

14 August 2023

For Immediate Release 14 August 2023

Capital Limited

("Capital", the "Group" or the "Company")

(LSE ticker: CAPD)

London Stock Exchange Presentation

Capital (LSE: CAPD), a leading mining services company, will provide a live presentation relating to Half Year Results via the London Stock Exchange platform on 16th August 2023 at 9:00am GMT.

The presentation is open to all existing and potential shareholders, as well as analysts. Questions can be submitted pre-event via your London Stock Exchange dashboard up until 9am the day before the meeting or at any time during the live presentation.

To access the webcast, please register in advance:

https://services.choruscall.za.com/DiamondPassRegistration/register?confirmationNumber=8062409&linkSecurityString=14cd886f1a

Capital Limited consensus summary - 16th August 2023: Below is a company compiled consensus summary, reflecting the estimates of our covering analysts. Analysts include Peel Hunt, Stifel, Canaccord Genuity, Berenberg and Tamesis.

H1 Consensus ($m)
Revenue 154.3
EBITDA (adjusted for IFRS 16 leases) 1 43.8
Operating profit 27.4
Net profit after tax (Adjusted for investment gain/(loss) 16.7
Net Debt1 64.4

(1)      EBITDA and Net Debt are non-IFRS financial measures.

Correction: Q2 Trading Update for the Month ended 30 June 2023

The following correction has been made to Capital Limited's Q2 Trading Update for the Month ended 30 June 2023, which was released on 19 July 2023 at 07:00am under RNS no. 4985G. In the trading update it stated that Capital Limited's non-drilling revenue contributed 36% of total revenue in Q2 2023. However, this was an error and should have read "Non-drilling revenue contributed 32% of total revenue in Q2 2023".

- ENDS -

For further information, please visit Capital Limited's website www.capdrill.com or contact:

Capital Limited                                                                     +230 464 3250

Peter Stokes, Chief Executive Officer                              [email protected]

Rick Robson, Chief Financial Officer

Conor Rowley, Investor Relations & Corporate Development Manager

Tamesis Partners LLP                                                          +44 20 3882 2868

Charlie Bendon

Richard Greenfield

Stifel Nicolaus Europe Limited                                          +44 20 7710 7600

Ashton Clanfield

Callum Stewart

Rory Blundell

Buchanan                                                                               +44 20 7466 5000

Bobby Morse                                                                        [email protected]

George Pope

About Capital Limited

Capital Limited is a leading mining services company providing a complete range of drilling, mining, maintenance and geochemical laboratory solutions to customers within the global minerals industry. The Company's services include: exploration, delineation and production drilling; load and haul services; maintenance; and geochemical analysis. The Group's corporate headquarters are in the United Kingdom and it has established operations in Côte d'Ivoire, Canada, Democratic Republic of Congo, Egypt, Gabon, Ghana, Guinea, Kenya, Mali, Mauritania, Nigeria, Pakistan, Saudi Arabia, Sudan and Tanzania.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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