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Release Date: 28/09/2021 17:00
Code(s): RTN RTO RTOP     PDF:  
Wrap Text
Trading statement

(Incorporated in the Republic of South Africa)
(Registration number 1937/009839/06)
JSE share code: RTO ISIN: ZAE000250387
JSE share code: RTN ISIN: ZAE000250395
JSE share code: RTOP ISIN: ZAE000250403
("Rex Trueform" or "Company")


In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading
statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results
for the current reporting period will differ by at least 20% from the financial results for the previous
corresponding period.

Shareholders are accordingly advised that:

   -       Rex Trueform's earnings per share will increase by 130.6%, from a loss of 362.7 (restated)
           cents per share for the year ended 30 June 2020, to earnings of 110.9 cents per share for the
           year ended 30 June 2021; and

   -       Rex Trueform's headline earnings per share will increase by 262.5%, from a headline loss of
           90.2 (restated) cents per share for the year ended 30 June 2020, to headline earnings of 146.6
           cents per share for the year ended 30 June 2021.

Shareholders are further advised that the Company's results contain a prior year adjustment and that the
comparative balances accordingly differ from those previously reported. The prior year loss and headline
loss were impacted by the recognition of an estimate of store reinstatement costs as part of the right-of-
use assets incorporated within the retail segment. The material items impacted meant that the loss per
share increased by 5.3 cents and headline loss per share increased by 4.0 cents from what was previously

Further details pertaining to the restatement will be included in the reviewed results announcement, which
is expected to be published on SENS on, or about 30 September 2021.

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

28 September 2021

Java Capital
Date: 28-09-2021 05:00:00
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