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SPANJAARD LIMITED - Unaudited Interim Group Results for the six months ended 31 August 2019

Release Date: 28/11/2019 08:55
Code(s): SPA     PDF:  
 
Wrap Text
Unaudited Interim Group Results for the six months ended 31 August 2019

Spanjaard Limited
(Incorporated in the Republic of South Africa) 
Registration number 1960/004393/06
Share code: SPA ISIN: ZAE000006938
(Company or Group)

Unaudited Interim results for the six months ended 31 August 2019

- Revenue down 2.6% to R62 057 000
- Profit after tax down 109.8% to a loss of R123 000
- NAV down 0.2% to 542.91 cents per share

Spanjaard Limited, a leading and proudly South African manufacturer of 
special lubricants and allied chemical products in the Automotive, 
Household, Industrial and Mining, Outdoor and Leisure, Marine, Motorcycle, 
Food Grade, Non-Flammable Aerosols and Food markets, released its results 
for the six months ended 31 August 2019.

This short-form announcement is the responsibility of the Directors and is 
only a summary of the information in the full announcement. The full 
announcement was released on SENS on 28 November 2019, and can be found 
on the Company's website at www.spanjaard.biz and also at the following link:
https://senspdf.jse.co.za/documents/2019/JSE/ISSE/SPA/SPAINT19.pdf

The full announcement is available for inspection free of charge during 
normal business hours on business days at the registered office of the 
Company and the offices of the sponsor.

Spanjaard Limited has not declared an interim dividend.

Any investment decisions should therefore be based on the full announcement 
as released on SENS and on the Company's website.

By order of the Board

Independent Non-executive Chairman: MJ Siddall
Independent Non-executive Directors: S Zikalala
M Notrica

Executive Directors:
TN Spanjaard (Acting Chief Executive Officer) 
GF Cort, CKT Palmer

www.spanjaard.biz

Sponsors:
Arbor Capital Sponsors Proprietary Limited
20 Stirrup Lane, Woodmead Office Park
Corner Woodmead Drive and Van Reenens Avenue, Woodmead 2191

Company Secretary:
Levitt Kirson Business Services Proprietary Limited
4th Floor, Aloe Grove, Houghton Estate Office Park,
2 Osborn Road, Houghton, 2198

Transfer Secretaries:
Computershare Investor Services Proprietary Limited
Rosebank Towers, 15 Bierman Avenue, Rosebank, Johannesburg, 2196

Registered Office:
748-750 5th Street, Wynberg, Sandton, 2090
Date: 28-11-2019 08:55:00
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