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Trading statement
ANDULELA INVESTMENT HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1950/037061/06)
JSE share code: AND ISIN: ZAE000172870
(“Andulela” or “the company”)
TRADING STATEMENT
In terms of the JSE 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 upon
next will differ by at least 20% from the financial results for the previous corresponding period.
Accordingly, shareholders are advised that Andulela expects to report a loss and headline loss per share for the six
months ended 30 June 2017, compared to an earnings and headline earnings per share of 5.84 cents for the six months
ended 30 June 2016.
Tougher market conditions in the platinum and steel industries in which the group operates and the volatility and
overall adverse movements of the respective commodity prices and exchange rates are the main contributors to the
negative results of the group for the period under review.
An updated trading statement will be released as soon as management has a reasonable degree of certainty of the results
for the period under review.
The financial information on which this trading statement is based has not been reviewed or reported on by the
company`s auditors.
Andulela’s unaudited condensed consolidated interim financial statements for the six months ended 30 June 2017 are
expected to be released on or about 29 September 2017.
18 August 2017
Sponsor
Java Capital
Date: 18/08/2017 01:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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