TASTE HOLDINGS LIMITED - Trading Statement

Release Date: 23/05/2018 11:30
Code(s): TAS
 
Wrap Text
Trading Statement

TASTE HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2000/002239/06)
Share code: TAS ISIN: ZAE000081162
(“Taste” or “the Group”)


TRADING STATEMENT


In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement
as soon as they become reasonably certain that the financial results for the period to be reported on will
differ by more than 20% from that of the previous corresponding period.

Taste is currently finalising its results for the year ended 28 February 2018 (“current year”) and the directors
anticipate that:

-   the loss per share is expected to be between 49.7 cents and 52.3 cents representing a decline of
    between 85% and 95%, compared to the loss per share of 26.8 cents for the year ended 28 February
    2017 (“prior year”); and
-   the headline loss per share is expected to be between 40.6 cents and 43.1 cents representing a decline
    of between 62% and 72%, compared to the headline loss per share of 25.0 cents for the prior year.


The financial information on which this trading statement is based has not been reviewed or reported on by
Taste’s auditors. Taste's audited financial results are expected to be released on SENS on or about
31 May 2018.


Johannesburg
23 May 2018

Sponsor
Merchantec Capital

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