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MUSTEK LIMITED - Trading Statement

Release Date: 19/08/2016 14:07
Code(s): MST     PDF:  
Wrap Text
Trading Statement

   MUSTEK LIMITED
   (Incorporated in the Republic of South Africa)
   (Registration number 1987/070161/06)
   Share code: MST
   ISIN: ZAE000012373
   (“Mustek” or “the company”)

TRADING STATEMENT
Mustek is currently in the process of finalising its financial results for the year ended 30 June 2016.

In terms of paragraph 3.4(b) of the JSE Limited’s Listings Requirements, companies are required to
publish a trading statement as soon as they are reasonably certain that the financial results for the
current reporting period will differ by at least 20% when compared to the previous corresponding
period.

In light of the above, Mustek’s shareholders are informed that, for the year ended 30 June 2016,
Mustek’s headline earnings per share and basic earnings per share are expected to be at least 20%
lower at no more than 100,04 cents and 99,95 cents respectively when compared to the headline
earnings per share of 125,05 cents and the basic earnings per share of 124,94 cents reported in the
previous corresponding period.

Net asset value per share is expected to be between 4,5% and 7,5% higher than the previous
financial year at between 1 002,16 cents and 1 030,93 cents (2015: 959,00 cents).

A further trading statement that will include the expected date of release of its financial results will be
published once the company obtains reasonable certainty to provide guidance on the range to
describe the differences.

The above information has not been reviewed or reported on by the company’s auditors.


Midrand
19 August 2016


                                                 Sponsor
                       Deloitte & Touche Sponsor Services (Proprietary) Limited
                              (Incorporated in the Republic of South Africa)
                                  (Registration number 1996/000034/07)

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