MIDDLE EAST DIAMOND RESOURCES LIMITED - Restated financial results for the year ended 29 February 2016 Short-form announcement

Restated financial results for the year ended 29 February 2016 – 
Short-form announcement

MIDDLE EAST DIAMOND RESOURCES LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number: 2001/006539/06)
JSE share code: MED ISIN: ZAE000211876
(“MEDR” or “the company” or “the group”)


RESTATED FINANCIAL RESULTS FOR THE YEAR ENDED 29 FEBRUARY 2016 –
SHORT-FORM ANNOUNCEMENT

Financial Highlights

R’ million
                                                               29 Feb       28 Feb     %
                                                                 2016         2015 change
                                                              Restated

Other income                                                          7,5      2,1    257.1
EBITDA                                                                1.8    -15.0    112.0
Basic earnings per share (cents)                                     0.13    -7.43    101.7
Headline earnings per share (cents)                                  6.07    -7.43     18.3
Net asset value per share (cents)                                   -0.19    -6.05     96.9
Net tangible asset value per share (cents)                          -0.19    -6.69     97.2


Short-Form Statement

This short-form announcement is the responsibility of the directors. It is only a summary of the
information contained in the full announcement and does not contain full or complete details.

Any investment decision should be based on the full announcement accessible from 1 December
2020 on the Company’s website at:
http://www.medr.co.za/wp-content/uploads/2020/11/FY16-Long-Form-FINAL.pdf

Copies of the full announcement may also be requested by contacting Ms Sirkien van Schalkwyk by
email at sirkien@juba.co.za and are available for inspection at the Company’s registered office at
no charge, weekdays during office hours.

The JSE link is as follows:
https://senspdf.jse.co.za/documents/2020/jse/isse/mede/MEDR16.pdf


The annual financial statements including the audit opinion of the external auditor, Nexia SAB&T,
which sets out the key audit matters and the basis for its unmodified opinion with an emphasis of
matter paragraph, is available on the Company’s website on:
http://www.medr.co.za/wp-content/uploads/2020/11/FY20-17-Annual-Financial-Statements-1.pdf

1 December 2020
Johannesburg

Sponsor
Exchange Sponsors

Date: 01-12-2020 09:38:00
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