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RANDGOLD & EXPLORATION COMPANY LIMITED - Summarised Group Interim Results for the Six Months Ended 30 June 2019

Release Date: 23/08/2019 12:00
Code(s): RNG     PDF:  
 
Wrap Text
Summarised Group Interim Results for the Six Months Ended 30 June 2019

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



SUMMARISED GROUP INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2019




1.   SALIENT FEATURES

     Operating loss increased by 13.09% to R16.5m, from R14.5m in the prior corresponding
     period.

     Headline loss per share increased by 22.15% to 14.47 cents per share, from 11.85 cents
     per share in the prior corresponding period.

     Basic loss per share increased by 22.15% to 14.47 cents per share, from 11.85 cents per
     share in the prior corresponding period.

     Net asset value per share (“NAVPS”) increased by 1.00% to 204 cents per share, from
     202 cents per share in the prior corresponding period. The NAPS as at 31 December
     2018 was R2.19.


2.   SHORT-FORM ANNOUNCEMENT

     This short-form announcement is the responsibility of the directors of the Company. It
     contains only a summary of the information in the full announcement (“Full
     Announcement”) and does not contain full or complete details. The Full Announcement
     can be found at:
      https://senspdf.jse.co.za/documents/2019/JSE/ISSE/RNG/Interim19.pdf

     Copies of the Full Announcement is also available for viewing on the Company’s website
     at https://www.randgoldexp.co.za/2019/08/08/summarised-group-interim-results-for-the-
     six-months-ended-30-june-2019/ or may be requested in person, at the Company’s
     registered office or the office of the sponsor, at no charge, during office hours.

     Any investment decisions by investors and/or shareholders should be based on
     consideration of the Full Announcement, as a whole.
23 August 2019

Sponsor

PSG Capital

Date: 23/08/2019 12:00:00
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