To view the PDF file, sign up for a MySharenet subscription.

TRENCOR LIMITED - Delayed reviewed Provisional results and Annual Financial Statements for the year ended 31 December 2017

Release Date: 18/04/2018 10:44
Code(s): TRE     PDF:  
Wrap Text
Delayed reviewed Provisional results and Annual Financial Statements for the year ended 31 December 2017

TRENCOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 1955/002869/06)
Share Code: TRE
ISIN: ZAE000007506
(“Trencor” or “the Company”)

DELAYED REVIEWED PROVISIONAL RESULTS AND ANNUAL FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017

In terms of the Listings Requirements of the JSE Limited, Trencor’s reviewed provisional results for
the year ended 31 December 2017 should have been published by 31 March 2018 and the annual
financial statements for this period are due by 30 April 2018. Regrettably, the Company is not in a
position to publish its provisional results and annual financial statements timeously due to the onerous
and time-consuming exercise of converting to IFRS the US GAAP compliant results of Textainer
Group Holdings Limited (NYSE: TGH), in which Trencor had a 48% beneficiary interest at year-end.
The Company intends publishing its provisional results and annual financial statements as soon as
practically possible.

Shareholders are advised to view any announcement issued by the JSE Limited in regard to Trencor’s
failure to timeously publish its results and/or the marking of Trencor’s listing with a “reporting error”
annotation in the above context.

Shareholders are referred to our SENS announcement on 2 January 2018, wherein we advised that,
with effect from Trencor’s financial year ending 31 December 2018, the above-mentioned severe
pressure on and delays in meeting reporting deadlines should not re-occur as the financial results of
Textainer, reporting under US GAAP, will then no longer be required to be converted into IFRS for
inclusion in the results of Trencor.

Trencor Services (Pty) Ltd
Secretaries
18 April 2018

Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)
www.trencor.net

Date: 18/04/2018 10:44:00 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.

Share This Story