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TRANS HEX GROUP LIMITED - Trading Statement

Release Date: 25/05/2015 09:00
Code(s): TSX     PDF:  
Wrap Text
Trading Statement

TRANS HEX GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1963/007579/06
Share code: TSX
ISIN: ZAE000018552
("Trans Hex" or the “Company” or the “Group”)

TRADING STATEMENT

Trans Hex is currently finalising its results for the year ended 31 March 2015 which are expected to
be released on SENS on or about 2 June 2015.

The results in this trading statement are compared with the results of the year ended 31 March 2014
(“previous corresponding period”).

The Company expects to report:
   - earnings per share are expected to be between 179,0 cents and 183,2 cents (2014: 20,7
      cents), representing an increase of between 765% and 785% compared to the previous
      corresponding period; and
   - headline earnings per share are expected to be between 80,8 cents and 82,8 cents (2014: 9,8
      cents), representing an increase of between 725% and 745% compared to the previous
      corresponding period.

The results will explain the contributions of the following elements:
   - performance of the Group's business units;
   - disposal of the Group's 100% interest in Pioneer Minerals Proprietary Limited;
   - impairments in respect of the Lower Orange River operations; and
   - the Group's 40% interest in West Coast Resources Proprietary Limited which includes
       negative goodwill that arose as a result of the acquisition of assets and liabilities relating to
       Namaqualand Mines.

The financial information on which this trading statement is based has not been reviewed and
reported on by the Company’s auditors.

Cape Town
25 May 2015

Sponsor
One Capital

Date: 25/05/2015 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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