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Trading statement
SANDOWN CAPITAL LIMITED
(Incorporated in South Africa)
(Registration number 2000/013674/06)
Share code: SDC
ISIN: ZAE000249645
("Sandown Capital" or "the Company")
TRADING STATEMENT
In terms of the JSE Listings Requirements, entities 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 on
next will differ by at least 20% from the most recent financial results for the previous corresponding period.
As published on SENS on 13 March 2018, the nature of Sandown Capital's business is that of an investment
holding company focused on generating long-term growth in net asset value ("NAV") per share and accordingly
the Company has elected to adopt NAV per share for trading statement purposes.
The NAV per share for the year ended 31 March 2018 is expected to be 487 cents per share which is lower than
the NAV of 8 243 406 cents per share for the year ended 31 March 2017 ("the previous corresponding period").
It should be noted that the NAV for the previous corresponding period was determined before the restructure
set out in the pre-listing statement, which restructure resulted in a substantial increase in the number of shares
in issue, for no consideration.
The financial information on which this trading statement has been based has not been reviewed or reported on
by the Company's auditors. The audited financial results of Sandown Capital for the year ended 31 March 2018
will be published before the end of June 2018.
5 June 2018
Sponsor
Java Capital
Date: 05/06/2018 05:30:00 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
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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.
