Phumelela Gaming and Leisure Limited provided earnings guidance for the year ending 31 July 2019. The Board does not have the required degree of certainty to provide shareholders with detail of the anticipated range expected for earnings per share and headline earnings per share for the year ending 31 July 2019. The Board does have the required degree of certainty that earnings per share and headline earnings per share will be below those of the previous year by more than 20%, hence this trading statement. With ten months of the financial year behind the Group and given the deterioration in income and profitability subsequent to the interim period, together with substantial restructuring costs, it is inevitable that the Group will report a loss for the year.