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TREMATON CAPITAL INVESTMENTS LIMITED - Trading statement for the year ended 31 August 2017

Release Date: 20/10/2017 09:00
Code(s): TMT     PDF:  
Wrap Text
Trading statement for the year ended 31 August 2017

Trematon Capital Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1997/008691/06
Share code: TMT
ISIN: ZAE000013991
("Trematon" or "the Trematon group")


TRADING STATEMENT FOR THE YEAR ENDED 31 AUGUST 2017

In terms of the listing requirements of the JSE, a listed company is
required to publish a trading statement as soon as it becomes
reasonably certain that the financial results for the next period to
be reported on will show a 20% or more difference from those of the
previous corresponding period.

Shareholders are hereby advised that the Trematon group is currently
finalising its annual financial results for the year ended 31 August
2017.

Trematon is an investment holding company and uses earnings,
headline earnings and the intrinsic value model to provide
management and investors with a realistic and transparent way of
evaluating    Trematon’s  performance. The   pro  forma financial
information has been compiled using a combination of listed market
values,    external   professional   valuations,   and/or directors
valuations, where applicable.


The Trematon group expects:

  -   basic earnings per share for the year ended 31 August 2017 to
      be between 133 cents and 135 cents, which is between 483.3%
      and 492.1% higher than that for the year ended 31 August 2016
      ("the previous comparable period”) of 22.8 cents; and
  -   headline earnings per share (“HEPS”) for the year ended 31
      August 2017 to be between 20.2 cents and 20.4 cents, which is
      between 1088.2% and 1100.0% higher than that of the previous
      comparable period's HEPS of 1.7 cents; and
  -   intrinsic net asset value per share for the year ended 31
      August 2017 to be between 430 cents and 432 cents, which is
      between 16.8% and 17.4% higher than that of the previous
      comparable period’s 368 cents; and
  -   net asset value per share for the year ended 31 August 2017 to
      be between 390 cents and 392 cents, which is between 52.9% and
      53.7% higher than that of the previous comparable period’s 255
      cents.


The increase in earnings and net asset values reflects strong
performances across all business units within the group.

Further details will be provided in the final Trematon group results
for the year ended 31 August 2017, due to be published on SENS on or
about 20 November 2017.

The Financial information on which this trading statement is based
has not been reviewed or reported on by the Trematon group's
auditors   in   accordance    with   either   3.4b(viii)(1)(aa)or
3.4b(viii)(1)(bb)of the Listings Requirements of the JSE Limited.

Cape Town
20 October 2017

JSE Sponsor
Sasfin Capital
(a division of Sasfin Bank Limited)

Date: 20/10/2017 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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