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METTLE INVESTMENTS LIMITED - Trading statement for the twelve months ended 29 February 2020

Release Date: 27/05/2020 14:01
Code(s): MLE     PDF:  
Wrap Text
Trading statement for the twelve months ended 29 February 2020

METTLE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2008/002061/06)
JSE share code: MLE
ISIN: ZAE000257622
("Mettle” or "the Company")

TRADING STATEMENT FOR THE TWELVE MONTHS ENDED 29 FEBRUARY 2020

In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as a reasonable degree of certainty exists that the financial
results for the period to be reported upon next will differ by at least 20% from those of the previous
corresponding reporting period.

Accordingly, shareholders of the Company are advised that:

• Earnings per share (“EPS”) for the twelve months ended 29 February 2020 is expected to be
  between 8.85 and 10.19 cents per share (2019: 7.14 cents per share), being an increase of
  between 24% and 43% from the EPS reported for the twelve months ended 28 February 2019;
  and

• Headline earnings per share (“HEPS”) for the twelve months ended 29 February 2020 is expected
  to be between 12.36 and 15.10 cents per share (2019: 14.69 cents per share).

The financial information on which this trading statement is based has not been reviewed or reported
on by the Company’s external auditors.

The financial results of the Company for the twelve months ended 29 February 2020 are expected
to be released on or about 29 May 2020.


Cape Town
27 May 2020

Designated Advisor
Questco Corporate Advisory (Pty) Ltd

Date: 27-05-2020 02:01:00
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