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Trading Statement
RARE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2002/025247/06
Share Code: RAR ISIN: ZAE000180626
("Rare" or "the Company")
TRADING STATEMENT
In accordance with paragraph 3.4(b) of the Listing
Requirements of the JSE Limited, companies are required
to inform shareholders as soon as there is a reasonable
degree of certainty that the earnings of the company are
likely to vary by more than 20% compared to the previous
reporting period.
Shareholders are hereby advised that the basic profit and
headline profit for the 6 month reporting period ended 31
December 2014 is expected to be between R0m and R1m
compared to the basic and headline loss of R3.6m for the
previous comparable period ended 31 December 2013.
The aforementioned expected profit equates to a basic
profit per share and headline profit per share of between
0 cents per share and 2.3 cents per share for the 6 month
period ended 31 December 2014, compared to the basic loss
per share and headline loss per share of 20.2 cents per
share, reported for the previous comparable period, ended
31 December 2013.
Attention is drawn to the fact that, in the reporting
period, the weighted average number of shares in issue
was 42 887 500 compared to 17 887 500 for the previous
comparable period, ended 31 December 2013.
The financial information in this trading statement has
not been reviewed and reported on by the Company’s
external auditors.
By order of the Board
Kliprivier
27 February 2015
Designated advisor: PSG Capital Proprietary Limited
Date: 27/02/2015 01:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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