Trading statement for the 18 month period ended 30 March 2022
Marshall Monteagle PLC
(Incorporated in Jersey)
(Registration number: 102785)
(External registration number:
2010/024031/10)
JSE Code: MMP ISIN: JE00B5N88T08
(“the Company”)
TRADING STATEMENT FOR THE 18 MONTH PERIOD ENDED 31 MARCH 2022
In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are
required to publish a trading statement as soon as they become reasonably certain that the
financial results for the period to be reported on next will differ by at least 20% from those of
the previous corresponding period.
Shareholders are reminded that following the change of its financial year end from September
to March during 2021, the Company is reporting on the 18 month financial period ended 31
March 2022 (the “Reporting Period”). Shareholders are advised that the Company expects
the following results for the Reporting Period compared to the 12 months ended 30 September
2020 (the “Previous Comparable Period”):
- Earnings per share of US$12.80 cents for the Reporting Period, compared to the restated
earnings per share of US$1.00 cent for the Previous Comparable Period; and
- Headline earnings per share of US$7.90 cents for the Reporting Period, compared to a
restated headline loss per share of US$ (2.50) cents for the Previous Comparable Period.
The reason for the expected increases are improvements in all areas of the business
combined with an increase in the length of the trading period from 12 to 18 months. There
has been a substantial increase in the value of investment properties, and volatility in equity
markets has enabled the Group to earn higher profits from the active management of
investment portfolios. The trading businesses have diversified into new product categories
and industrial raw-materials servicing a broader international customer base.
The financial information on which this trading statement is based has not been reviewed or
reported on by the Company’s auditors.
The Company’s provisional reviewed results for the year ended 31 March 2022 are expected
to be published on or about 24 June 2022.
17 June 2022
London
JSE Sponsor to the Company
Questco Corporate Advisory Proprietary Limited
Date: 17-06-2022 04:15:00
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