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MINE RESTORATION INVESTMENTS LIMITED - Trading statement for the six months ended 31 August 2018

Release Date: 14/12/2018 15:41
Code(s): MRI     PDF:  
Wrap Text
Trading statement for the six months ended 31 August 2018

MINE RESTORATION INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
(Registration no. 1987/004821/06)
Share Code: MRI
ISIN: ZAE000164562
("MRI" or “the Company”)
TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 AUGUST 2018

In terms of paragraph 3.4(b) of the JSE Limited (“JSE”) Listings Requirements, companies are required
to publish a trading statement as soon as they are satisfied, with a reasonable degree of certainty, that
the financial results for the period to be reported upon next will differ by at least 20% from those of the
previous corresponding reporting period.

Shareholders are hereby advised that, for the six months ended 31 August 2018, when compared to
the six months ended 31 August 2017 (“2017”):

- the loss per share (“LPS”) of the Company is expected to be R0.23 when compared to a
  R0.17 LPS for 2017, which represents a 35% increase; and

- the headline loss per share (“HLPS”) of the Company is expected to be R0.23 when compared
  to a 0.17 HLPS for 2017, which represents a 35% increase.

The financial information on which this trading statement is based has not been reviewed or reported
on by the Company’s external auditors.

The Company expects to release its financial results for the six months ended 31 August 2018, on or
about 18 December 2018.



Johannesburg
14 December 2018

Designated Advisor
Questco Corporate Advisory (Pty) Ltd

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