TRANS HEX GROUP LIMITED - Trading statement

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”)

TRADING STATEMENT

Trans Hex is currently finalising its results for the six months ended 30 September 2016 (“Results”),
which are expected to be released on or about 2 November 2016.

Results in this trading statement are compared with results for the six months ended
30 September 2015 (“previous corresponding period”).

The Company expects to report:
–   earnings per share of 31,8 cents compared to a loss per share of 30,3 cents in the previous
    corresponding period; and
–   headline earnings per share of 31,4 cents compared to a headline loss per share of 30,3 cents in
    the previous corresponding period.

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

COMMENTS

The following salient points will be fully reported upon when the Group releases its results:
-   Group net profit amounted to R32,5 million (September 2015: loss of R32,5 million).
-   Sales revenue from the wholly owned South African operations increased by 2,5% compared to the
    corresponding period to R275,3 million (September 2015: R268,7 million)
-   Gross profit from South African land operations amounted to R13,9 million (September 2015: loss
    of R24,7 million).
-   Equity accounting loss from West Coast Resources (Pty) Ltd amounted to R9,0 million (September
    2015: loss of R8,8 million).
-   Equity accounting profit from Somiluana Mine in Angola amounted to R34,2 million (September
    2015: profit of R7,1 million).
-   The Group’s net cash position at the end of the period was R322,4 million (September 2015: R347,5
    million).
-   Net asset value per share amounted to 540,0 cents (September 2015: 575,0 cents).


Cape Town
31 October 2016

Sponsor
One Capital

Date: 31/10/2016 02:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.