REX TRUEFORM CLOTHING COMPANY LIMITED - Trading statement

Trading statement

REX TRUEFORM CLOTHING COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1937/009839/06)
JSE share code: RTO  ISIN: ZAE000006144
JSE share code: RTN  ISIN: ZAE000009700
JSE share code: RTOP ISIN: ZAE000006151
(“Rex Trueform”)


TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, 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 
current reporting period will differ by at least 20% from the financial results for the previous corresponding period.

In its commentary to the unaudited interim condensed consolidated results for the six months ended 31 December 2016
(published on SENS on the 10 March 2017) Rex Trueform indicated that, in relation to its retail segment prospects, its
subsidiary Queenspark Proprietary Limited would continue to be under severe pressure during the second half of the
year, as economic and market conditions were likely to remain difficult.

The economic and market conditions remained difficult and, accordingly, shareholders are advised that:

1.    Rex Trueform’s earnings per share are expected to decrease by at least 65%, from earnings of 57.1 cents per share
      reported by Rex Trueform for the year ended 30 June 2016 to earnings of 20.00 cents per share for the year ended
      30 June 2017; and

2.    Rex Trueform’s headline earnings per share are expected to decrease by at least 65%, from headline earnings of
      54.1 cents per share reported by Rex Trueform for the year ended 30 June 2016 to headline earnings of 18.9 cents
      per share for the year ended 30 June 2017.

Shareholders are further advised that Rex Trueform does not have reasonable certainty to provide guidance as to either
the specific percentage and numbers, or the range and numbers, to describe the difference in the financial results in such
periods. Once Rex Trueform obtains reasonable certainty in this regard it will issue a further trading statement.

The information on which this trading statement has been based has not been reviewed or reported on by Rex
Trueform’s auditors.

2 June 2017


Sponsor
Java Capital

Date: 02/06/2017 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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