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ATTACQ LIMITED - Trading statement

Release Date: 09/03/2023 07:05
Code(s): ATT     PDF:  
Wrap Text
Trading statement

ATTACQ LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/000543/06)
JSE share code: ATT ISIN: ZAE000177218
(Approved as a REIT by the JSE)
("Attacq" or "the Group")



TRADING STATEMENT



Shareholders are advised that Attacq's distributable income per share ("DIPS") for the six months ended
31 December 2022 ("interim period") is expected to be 35.9 cents, an increase of 27.3% when compared to
the DIPS for the six months ended 31 December 2021 ("prior interim period") of 28.2 cents.


The increase is primarily due to higher rental income from newly completed developments and the existing
completed portfolio, as well as lower finance costs.


In its 30 June 2022 annual financial results, Attacq provided DIPS guidance for the 12 months ending
30 June 2023 of between 8.0% and 10.0% growth with a dividend pay-out ratio of 80.0%. Having regard to the
current economic uncertainties, this guidance remains unchanged. No interim dividend was declared in
respect of the prior interim period. A dividend in respect of the interim period will be announced with the
Group's interim period results.


The financial information contained in this trading statement has not been reviewed and reported on by the
Group's auditors. Attacq's interim results will be released on 14 March 2023 and its investor presentation will
be hosted online on 14 March 2023 at 11h00. Please visit www.attacq.co.za to download the presentation
and join the interim results presentation at www.corpcam.com/Attacq14032023.


9 March 2023


Sponsor
Java Capital

Date: 09-03-2023 07:05:00
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