Release Date: 10/07/2018 07:15
Code(s): NUT
Wrap Text
Change Statement

(Incorporated in the Republic of South Africa)
(Registration Number 2004/002282/06)
Share code: NUT
ISIN: ZAE000156485
(“NUT” OR “the Company”)


Shareholders of the Company (“Shareholders”) are hereby referred to the announcement
released on SENS on 29 June 2018 wherein the Company advised that the Company’s
integrated annual report (“Integrated Report”), incorporating the full audited consolidated
annual financial statements of the Company for the year ended 28 February 2018 (“Annual
Financial Statements”) and the notice of the annual general meeting of the Company
(“AGM”) contained no modifications to the results which were announced on SENS on 30
May 2018 (“SENS Announcement”).

Shareholders are hereby advised of the following modifications between the Annual Financial
Statements and the SENS Announcement:

1. On the Statement of Financial Position the Deferred tax asset and Deferred tax liability
were different due to an allocation error between the Asset and Liability:

                                              SENS          Integrated
                                           Announcement       Report      Difference
                                               R'000          R'000         R'000
 Deferred tax asset                            5,568          5,424           144
 Deferred tax liability                       (5,568)        (5,424)         (144)
 Net deferred tax balance                        -               -             -

2. On the Statement of Cash flows the disclosure on the disposal of the subsidiary needed to
be amended in the Integrated Report. The difference in disclosure is as follows:

                                              SENS          Integrated
                                           Announcement       Report      Difference
                                               R'000          R'000         R'000
 Disposal of Subsidiary                        2,771           287         2,484
 Cash flow from operating activities          (5,905)       (3,421)       (2,484)
 Combined cash flow effect                    (3,134)       (3,134)          -

10 July 2018

Designated Advisor
PSG Capital

Date: 10/07/2018 07:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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