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VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000110359
("Vunani" or "the company")
TRADING UPDATE
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 are satisfied that a reasonable degree of
certainty exists that the financial results for the period to be reported on next will differ by 20%
or more from the financial results for the previous corresponding period.
Shareholders are advised that Vunani is in the process of finalising its results for the year ended
31 December 2014 and anticipates that it will report basic earnings per share of between 53.9
cents and 55.9 cents (2013: 9.9 cents basic earnings per share), being an increase of between
442% and 462% and a headline loss per share of between 26.4 cents and 26.9 cents (2013: 2.5
cents headline loss per share), being a decrease of between 1 140% and 1 160%. In arriving at
a headline loss for the period, the realised profit on discontinued operations is adjusted out of
earnings. The fluctuation between positive earnings per share and negative headline earnings
per share is mainly attributable to this adjustment.
The financial information on which this trading update is based has not been reviewed or
reported on by the company`s auditors. The company`s results for the twelve months ended
31 December 2014 will be published on SENS before the end of March 2015.
Sandton
20 March 2015
Designated Adviser
Grindrod Bank Limited
Date: 20/03/2015 05:10:00 Supplied by www.sharenet.co.za
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