(Registration number 1951/000799/06)
Share Code: TPC
ISIN number: ZAE000007480
(‘Transpaco’ or ‘the company’)
In our terms of rule 3.4(b) of the Listings Requirements of the JSE Limited, a listed company is required
to publish a trading statement as soon as a reasonable degree of certainty exists that the financial
results for the next reporting period to be reported on will differ by at least 20% from those of the
previous corresponding period.
Accordingly, the company’s earnings per share and headline earnings per share for the year ended
30 June 2019 are both expected to be between 179,04 and 164,34 cents, being between 40% and 45%
lower compared to an earnings per share of 298.8 cents and headline earnings per share of 297.4
cents for the year ended 30 June 2018.
An unprecedented prolonged three-month plastic industry strike which impacted Transpaco during
the company’s busiest period, October, November and December coupled with a depressed consumer
environment and a stagnant economy resulted in Transpaco’s decline in performance.
The information on which this announcement has been based has not been reviewed or reported on
by the company’s auditors.
The year end results for to 30 June 2019 are expected to be released on SENS on 21 August 2019.
13 August 2019
Investec Bank Limited
Date: 13/08/2019 11:38:00
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.
Email this JSE Sens Item to a Friend.