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MUSTEK LIMITED - Updated Trading Statement

Release Date: 28/08/2019 16:20
Code(s): MST     PDF:  
Wrap Text
Updated Trading Statement

  MUSTEK LIMITED
  (Incorporated in the Republic of South Africa)
  (Registration number 1987/070161/06)
  Share code: MST
  ISIN: ZAE000012373
  (“Mustek” or “the company”)

UPDATED TRADING STATEMENT
Shareholders are referred to the trading statement published on SENS on 30 July 2019 where it was
announced that for the year ended 30 June 2019, Mustek’s headline earnings per share and basic
earnings per share are expected to be at least the same as the headline earnings per share of 104,15
cents and the basic earnings per share of 102,58 cents reported in the previous financial year.

The company now has reasonable certainty to provide the range required in terms of Paragraph
3.4(b)(iii)(2) of the JSE Limited’s Listings Requirements.

In light of the above, Mustek’s shareholders are informed that, for the year ended 30 June 2019,
Mustek’s headline earnings per share is expected to be between 25% and 38% higher than the
previous financial year at between 130,19 cents and 143,73 cents (30 June 2018: 104,15 cents).
Basic earnings per share is expected to be between 37% and 50% higher than the previous financial
year at between 140,53 cents and 153,87 cents (30 June 2018: 102,58 cents).

Net asset value per share is expected to be between 1 485 cents and 1 505 cents, compared to 1
348,54 cents as at 30 June 2018.

The above information has not been reviewed or reported on by the company’s external auditors. The
company’s financial results for the year ended 30 June 2019 are expected to be published on or
about 6 September 2019.


Midrand
28 August 2019


                                               Sponsor
                     Deloitte & Touche Sponsor Services (Proprietary) Limited
                            (Incorporated in the Republic of South Africa)
                                (Registration number 1996/000034/07)

Date: 28/08/2019 04:20:00
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