CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED - Trading Statement

Trading Statement

CAXTON AND CTP PUBLISHERS AND PRINTERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/022616/06)
Share code CAT       ISIN ZAE000043345

(“the Company”)


TRADING STATEMENT


In terms of paragraph 3.4(b) of the Listings Requirements of the Johannesburg
Stock Exchange, companies 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 current reporting period will differ by at least 20% from
the financial results of the previous corresponding period.

Accordingly, shareholders of the Company are advised that it is reasonably
certain that, for the Company’s year ended 30 June 2022, the results will be as
follows:

                                  Expected           Reported                %
                                 Financial          Financial           Change
                                year ended         year ended
                              30 June 2022       30 June 2021
                                   (cents)            (cents)

Headline earnings            146,7 – 158,9               75,4      94,5 – 110,8
per share (HEPS)

Earnings per                 140,6 – 152,4              148,1       (5,0) – 2,9
share (EPS)

Adjusted earnings per        140,6 – 152,4               66,0     113,1 – 130,8
share (Adjusted EPS)*

* The Adjusted EPS excludes the non-recurring profit on disposal of an
associate of R399.7 million (profit after taxation of R305.2 million) in the prior
year.

OPERATIONAL UPDATE

The Caxton group has continued the strong growth trajectory reported upon at
the half year and delivered an exceptional full year set of results, driven off
continued recovery in revenues, market share gains and a well-controlled cost
base, culminating in a substantial improvement in headline earnings.

This performance is particularly pleasing in the face of some challenges; most
notably; supply chain constraints, continuing price escalations in raw materials,
inflationary pressures on operating costs, unprecedented load shedding and
lastly the floods in Kwa Zulu Natal that effected our large commercial printing
operation.

RESULTS

Shareholders are further advised that the Company is in the process of
finalising its results for the period concerned and it is expected that these results
will be released on SENS no later than 12 September 2022.

RESPONSIBILITY STATEMENT

The board of directors of the Company accepts responsibility for the information
contained in this announcement and certifies that, to the best of its knowledge
and belief, the information contained in this announcement is true and nothing
has been omitted which is likely to affect the importance of the information.

By order of the board.

Johannesburg
18 August 2022

Sponsor
AcaciaCap Advisors Proprietary Limited

Date: 18-08-2022 01:05:00
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