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Further Trading Statement
JASCO ELECTRONICS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration Number 1987/003293/06
Share code: JSC ISIN: ZAE000003794
(“Jasco” or “the company” or “the group”)
FURTHER TRADING STATEMENT
Shareholders are referred to the initial trading update released
on SENS on 5 March 2021, and are further advised that for the
six months ended 31 December 2020, the company expects:
An earnings per share (“EPS”) profit of between 3.8 and 4.4 cents
per share compared to a 6.0 cents loss per share for the previous
corresponding period (an expected improvement of between 163%
and 173%).
A headline earnings per share (“HEPS”) loss for the six months
ended 31 December 2020 of between 1.3 and 1.8 cents per share
compared to the 5.2 cents loss per share for the previous
corresponding period (an expected improvement in the loss-making
position of 65% to 75%).
The weighted average number of shares in issue for the period
decreased from 226 281 586 to 224 446 129 due to the increase in
the number of shares held by the Jasco Share Incentive Trust on
forfeiture of shares by participants during the second half of
the financial year ended 30 June 2020.
The information in this trading statement has not been reviewed
or reported on by the company’s external auditors.
Jasco’s financial results for the six months ended 31 December
2020 will be announced on or about 29 March 2021.
Midrand
23 March 2021
Sponsor
Grindrod Bank Limited
Date: 23-03-2021 02:00:00
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