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4SIGHT HOLDINGS LIMITED - Trading Statement

Release Date: 23/03/2018 10:29
Code(s): 4SI     PDF:  
Wrap Text
Trading Statement

4SIGHT HOLDINGS LIMITED
(Incorporated in the Republic of Mauritius)
(Registration number: C148335 C1/GBL)
(“4Sight Holdings” or “the Company”)
ISIN Code: MU0557S00001 JSE Code: 4SI

TRADING STATEMENT FOR THE PERIOD ENDED 31 DECEMBER 2017

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 will differ by at least 20% from
the financial results for the previous corresponding period or a profit forecast
previously provided to the market in relation to such period.

Due to the Company only being incorporated as a holding company for the group
ahead of the listing, the group does not have comparative information and will be
reporting its first set of results for the six month period ended 31 December 2017. A
profit forecast for the group for the six months ending 31 December 2017 was
published in the Company’s prospectus dated 21 September 2017 ahead of its listing,
which anticipated earnings and headline earnings of USD 0.36 cents per share based
on 486 867 001 shares (assumed on a fully diluted basis in the prospectus).

The board is pleased to advise that the earnings per share and headline earnings per
share for the six month period from incorporation to 31 December 2017 are expected
to be 41.7% higher at 0.51 US cents based on 360 695 468 weighted average shares in
issue.

The financial information on which this trading statement is based has not been
reviewed nor reported on by the Company’s auditors.

Mauritius
23 March 2018

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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