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RARE HOLDINGS LIMITED - Trading Statement

Release Date: 01/03/2016 16:45
Code(s): RAR     PDF:  
Wrap Text
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 Listings 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 and headline loss for the 6 month period ended 31 December 2015 is expected to be R6.0 million,
compared to a basic and headline profit of R0.3 million for the previous comparable period ended 31 December 2014. This constitutes a 2 100% decline in basic and headline earnings from the previous period.
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 1 March 2016 Designated advisor: PSG Capital (Pty) Limited
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