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Release Date: 08/08/2019 15:00
Code(s): RNG     PDF:  
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Trading Statement

(Incorporated in the Republic of South Africa)
(Registration number 1992/005642/06)
Share Code: RNG
ISIN: ZAE000008819
(“R&E” or “the Company”)


In terms of the Listings Requirements of the JSE Limited, companies are required to publish a
trading statement as soon as they become reasonably certain that the financial results for the
period to be reported on next will differ by more than 20% from those of the previous
corresponding period.

Shareholders are hereby advised that a reasonable degree of certainty exists that the Company
expects to report a loss and headline loss per share of between 13.88 cents per share and 15.06
cents per share for the six months ended 30 June 2019 compared to a loss and headline loss per
share of 11.85 cents for the six months ended 30 June 2018, being an increase in the loss per
share of between 17.11% and 27.11% per share.

The reason for the increase in the loss and headline loss per share in the current reporting period
is mainly a result of an increase in legal and consulting fees.

The information contained in this trading statement has not been reviewed or reported on by the
Company's external auditors. R&E expects to release its financial results for the six months ended
30 June 2019 on or about 23 August 2019.

08 August 2019

PSG Capital

Date: 08/08/2019 03:00:00
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