Further trading statement for the six months ended 30 June 2021
Mpact Limited
(Incorporated in the Republic of South Africa)
(Registration number 2004/025229/06)
JSE share code: MPT ISIN: ZAE000156501
(“Mpact” or “the Company” or “the Group”)
FURTHER TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2021
Shareholders are referred to the voluntary business update and trading statement published
on SENS on 15 June 2021, and are hereby further advised that for the six-month period
ended 30 June 2021, Mpact expects earnings per share (EPS), Headline EPS (HEPS) and
underlying EPS to be between 118 cents and 123 cents (30 June 2020: EPS and underlying
EPS of 9.0 cents, and HEPS of 8.4 cents).
Net debt at 30 June 2021 is expected to be approximately R1.5 billion (30 June 2020: R1.9
billion). Lower average net debt and lower interest rates resulted in net finance costs
reducing by 28% compared to the same period last year to approximately R68 million.
Shareholders are advised that the financial information on which this further trading
statement is based has not been reviewed and reported on by the Company’s external
auditor.
Mpact’s unaudited interim results for the six months ended 30 June 2021 will be released on
SENS on or about 5 August 2021.
UPDATE ON ANNOUNCEMENT RELATING TO NOTIFICATION OF COMPETITION
FILING AND POTENTIAL OFFER
Shareholders are referred to the announcement relating to a notification of an intended
competition filing and potential offer published on SENS on 30 June 2021.
Shareholders are hereby advised that the Competition Commission (“Commission”) has
since informed Mpact that after the Commission’s consideration of Caxton and CTP
Publishers and Printers Limited’s application for permission to file a separate merger
notification, the Commission is of the view that the application is premature and it is
therefore unable to grant permission at this stage.
Mpact will inform Shareholders of any material developments in this regard as and when
appropriate.
Melrose Arch
13 July 2021
Sponsor
The Standard Bank of South Africa Limited
Date: 13-07-2021 08:00:00
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