BRIEF-Phumelela Gaming and Leisure Says It Remains Engaged In Talks Aimed At Raising Capital

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BRIEF-Phumelela Gaming and Leisure Says It Remains Engaged In Talks Aimed At Raising Capital
Credit: © Reuters.

May 4 (Reuters) - Phumelela Gaming and Leisure Ltd PHMJ.J :

* JSE: PHM - UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 JANUARY 2020

* PHUMELELA GAMING AND LEISURE LTD - HY HEADLINE LOSS PER SHARE OF 0,89 CENTS (HEADLINE EARNINGS PER SHARE OF 68,02 CENTS)

* PHUMELELA GAMING AND LEISURE LTD - NO INTERIM DIVIDEND DECLARED

* PHUMELELA GAMING AND LEISURE LTD - GROUP REMAINS ENGAGED IN DISCUSSIONS AIMED AT RAISING CAPITAL

* PHUMELELA GAMING AND LEISURE- CURRENT VIEW IS EVEN IF FINANCIAL RELIEF CAN BE OBTAINED, RELIEF PACKAGE BE NEGOTIATED AS PART OF BUSINESS RESCUE PLAN

* PHUMELELA GAMING AND LEISURE-SEEKS FURTHER NEGOTIATIONS WITH BROADER HORSE RACING COMMUNITY TO FIND A RESOLUTION TO DIRE SITUATION IN HORSE RACING

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