Oceana Group Limited provided earnings guidance for the year ending 30 September 2023. Due to the disposal of the Group's interest in Commercial Cold Storage Group Limited ("CCS Logistics"), with effect from 4 April 2023, a reasonable degree of certainty exists that the total earnings per share ("EPS") of the Group for the year ending 30 September 2023, will be more than 20% higher than the amount of 603 cents per share reported in the previous year. The disposal of Oceana's interest in CCS Logistics gave rise to a realised profit of ZAR 480 million before tax and ZAR 370 million after tax, directly translating to an EPS increase of 304 cents per share.

This profit has no impact on headline earnings per share as it has been excluded for headline earnings purposes.