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MASTER DRILLING GROUP LIMITED - Trading Statement

Release Date: 23/08/2016 07:05
Code(s): MDI     PDF:  
Wrap Text
Trading Statement

Master Drilling Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 2011/008265/06)
JSE share code: MDI
ISIN: ZAE000171948
(“Master Drilling” or the “Company”)


Trading Statement

Shareholders are advised that the Company’s earnings per share (“EPS”) for the six month period
ended 30 June 2016 (“current period”) in ZAR terms are expected to be between 93,70 and 101,10
cents per share compared to the EPS of 74,80 cents per share for the six month period ended 30
June 2015 (“comparative period”), which is between 25% and 35% higher than the EPS of the
comparative period. Headline earnings per share (“HEPS”) for the current period are expected to be
between 93,90 and 101,40 cents per share compared to the HEPS of 75,00 cents per share for the
comparative period, which is between 25% and 35% higher than the HEPS for the comparative
period.

Shareholders are advised that the Company’s EPS for the current period in USD terms are expected
to be between 6.00 and 6.60 cents per share compared to the EPS of 6.30 cents per share for the
comparative period, which is between 5% lower and 5% higher than the EPS of the comparative
period. HEPS for the current period are expected to be between 6.00 and 6.60 cents per share
compared to the HEPS of 6.30 cents per share for the comparative period, which is between 5%
lower and 5% higher than the HEPS for the comparative period.

The financial information on which this trading statement is based has not been reviewed or reported
upon by the Company’s auditors. Master Drilling’s interim results are expected to be released on
SENS on or about 6 September 2016.

Fochville
23 August 2016

Sponsor
Investec Bank Limited

Date: 23/08/2016 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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