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MUSTEK LIMITED - Updated Trading Statement

Release Date: 02/09/2021 08:30
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 initial trading statement published on SENS on 28 July 2021 where it
was announced that for the year ended 30 June 2021, Mustek’s headline earnings per share and
basic earnings per share are expected to be at least 190% higher than that 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 2021,
Mustek’s headline earnings per share is expected to be between 235% and 255% higher than the
previous financial year, at between 425,89 cents and 451,31 cents (2020: 127,13 cents). Basic
earnings per share is expected to be between 235% and 255% higher than the previous financial
year, at between 415,57 cents and 440,38 cents (2020: 124,05 cents).

Net asset value per share is expected to be between 2 040,00 cents and 2 050,00 cents, compared
to 1 598,08 cents as at 30 June 2020.

The above financial information has not been reviewed or reported on by the company’s external
auditors. The company expects to release its financial results for the year ended 30 June 2021 on
SENS on or about 9 September 2021.


Midrand
2 September 2021


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

Date: 02-09-2021 08:30:00
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