REX TRUEFORM CLOTHING COMPANY LIMITED - Trading statement

Trading statement

REX TRUEFORM CLOTHING COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1937/009839/06)
JSE share code: RTO  ISIN: ZAE000006144
JSE share code: RTN  ISIN: ZAE000009700
JSE share code: RTOP ISIN: ZAE000006151
(“Rex Trueform”)


TRADING STATEMENT


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.

In its commentary to the reviewed condensed consolidated preliminary financial results for the year ended 30 June
2016 (published on SENS on the 8 September 2016) Rex Trueform indicated that, in relation to its retail segment
prospects, the tough economic trading conditions and regulatory changes to credit legislation will, amongst other
things, continue to impact the business in the short-term.

The economic trading conditions continue to be tough and, accordingly, shareholders are advised that:

1.    Rex Trueform’s earnings per share are expected to decrease by at least 20%, from earnings of 65.3 cents per
      share reported by Rex Trueform for the six months ended 31 December 2015 to earnings of 52.2 cents per
      share for the six months ended 31 December 2016; and

2.    Rex Trueform’s headline earnings per share are expected to decrease by at least 20%, from headline earnings
      of 65.3 cents per share reported by Rex Trueform for the six months ended 31 December 2015 to headline
      earnings of 52.2 cents per share for the six months ended 31 December 2016.

Shareholders are further advised that Rex Trueform does not have reasonable certainty to provide guidance as to
either the specific percentage and numbers, or the range and numbers, to describe the difference in the financial
results in such periods. Once Rex Trueform obtains reasonable certainty in this regard it will issue a further trading
statement.

The information on which this trading statement has been based has not been reviewed or reported on by Rex
Trueform’s auditors.

17 November 2016


Sponsor
Java Capital

Date: 17/11/2016 10:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.