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'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
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