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enX GROUP LIMITED - Trading Statement

Release Date: 30/08/2018 15:40
Code(s): ENX     PDF:  
Wrap Text
Trading Statement

(Incorporated in the Republic of South Africa)
(Registration number 2001/029771/06)
JSE share code: ENX    ISIN: ZAE000222253
(“enX” or “the company”)


In terms of the JSE Listings Requirements, 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
period to be reported on next will differ by at least 20% from the financial results for the previous
corresponding period.

The company reported a loss per share and a headline loss per share of 301.2 cents for the year 31
August 2017 (“the previous reporting period”). The company anticipates to achieve a profit for the
year ending 31 August 2018 (“the current reporting period”). The primary reason for the difference
relates to the fair value adjustment in investments and associated losses in eXtract Group Limited of
R738 967 000 that was included in the previous reporting period. These losses translated into 476.28
cents per share which will not repeat in the current reporting period.

There is currently insufficient certainty to enable the company to provide specific guidance on the extent
of the Earnings per share and Headline Earnings per share ranges for the current reporting period. The
company will publish a further trading statement once it has certainty.

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

The company’s financial results for the year ended 31 August 2018 are expected to be released on SENS
on or about 29 October 2018.

30 August 2018

The Standard Bank of South Africa Limited

Date: 30/08/2018 03:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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