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VUNANI LIMITED - Trading Update

Release Date: 18/04/2019 08:30
Code(s): VUN     PDF:  
 
Wrap Text
Trading Update

VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000110359
("Vunani" or "the company")

TRADING UPDATE
In terms of paragraph 3.4(b) of the JSE Limited 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 will differ by 20% or more from the financial results for the previous
corresponding period.


Shareholders are advised that Vunani is in the process of finalising its results for the year ended 28 February
2019 and anticipates that it will report basic earnings per share of between 52.2 cents and 57.4 cents, compared
to the 26.0 cents per share for the previous corresponding period, which represents an expected increase of
between 101% and 121%.


Vunani anticipates that it will report headline earning per share of between 52.3 cents and 57.3 cents compared
to the 25.2 cents per share for the previous corresponding period, which represents an expected increase of
between 107% and 127%.


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


The annual results for the year ended 28 February 2019 will be released on SENS on or about Thursday 25th
April 2019 and shareholders are invited to dial in on the results presentation webcast on the day at 11:00am
using the url http://www.corpcam.com/Vunani25042019 and conference call details as follows: Telkom 010 201
6800 or Toll Free 0800 200 648 or Neotel 011 535 3600. Or for further details contact the company’s IR Adviser
Jacques de Bie at Singular Systems IR on 082 691 5384


Sandton
18 April 2019
Designated Adviser
Grindrod Bank Limited

Date: 18/04/2019 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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