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Trading Update
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 14 month period
ended 29 February 2016. Vunani anticipates that it will report headline earnings per share of
between 4.6 cents and 7.0 cents (12 months to 31 December 2014: 27.5 cents headline loss per
share), being an increase of between 117% and 125%.
Vunani anticipates that it will report basic earnings per share of between 5.0 cents and 7.4 cents
(12 months to 31 December 2014: 54.6 cents basic earnings per share), being a decrease of between
86% and 91%. The decrease is primarily attributable to the fact that at 31 December 2014, a
substantial profit was reported as a result of the disposal of the group’s property asset management
business, which was reflected as a discontinued operation.
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 14 months ended 29 February 2016 will
be published on SENS on 24 May 2016.
Shareholders and investors will be able to dial in to a webcast on the day. For further information
and details please contact Jacques de Bie on JdeBie@Singular.co.za or 082 691 5384.
Sandton
19 May 2016
Designated Adviser
Grindrod Bank Limited
Date: 19/05/2016 05:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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