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MUSTEK LIMITED - Voluntary Trading Statement

Release Date: 18/02/2020 08:45
Code(s): MST     PDF:  
 
Wrap Text
Voluntary 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”)

VOLUNTARY TRADING STATEMENT
This voluntary trading statement is published in compliance with paragraph 3.4(b) of the JSE Listings
Requirements.

Mustek’s shareholders are informed that, for the six months ended 31 December 2019, Mustek’s
headline earnings per share is expected to be between 5% and 15% higher than the previous
corresponding period at between 72,96 cents and 79,91 cents (31 December 2018: 69,49 cents).
Basic earnings per share is expected to be between 7% lower and 3% higher than the previous
corresponding period at between 72,76 cents and 80,59 cents (31 December 2018: 78,24 cents).
The previous corresponding period included a capital profit of R6,27 million on the sale of land that
resulted in an increase in basic earnings of 8,78 cents per share.

Net asset value per share is expected to be between 1 535 cents and 1 545 cents, compared to
1 426,38 cents as at 31 December 2018.

The above information has not been reviewed or reported on by the company’s external auditors. The
company expects to release its interim financial results for the six months ended 31 December 2019
on SENS on or about 28 February 2020.


Midrand
18 February 2020


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

Date: 18-02-2020 08:45:00
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