Summarised Group Annual Results for the Financial Year Ended 31 December 2019
Randgold & Exploration Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1992/005642/06)
Share code: RNG
(“R&E” or “the Company” or “the Group”)
SUMMARISED GROUP ANNUAL RESULTS FOR THE FINANCIAL YEAR ENDED 31
1. SALIENT FEATURES
Operating loss increased by 312% to R35.5 million, from R8.6 million in the prior
Headline earnings per share (“HEPS”) decreased by 793% to a loss of 33.41 cents per
share, from earnings of 4.82 cents per share in the prior corresponding period.
Earnings per share (“EPS”) decreased by 793% to a loss of 33.41 cents per share, from
earnings of 4.82 cents per share in the prior corresponding period.
Net asset value per share (“NAVPS”) decreased by 16% to 184 cents per share, from 219
cents per share in the prior corresponding period.
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:
Copies of the Full Announcement is also available for viewing on the Company’s website
at https://www.randgoldexp.co.za/announcements-media/annual-reports/ 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.
These annual results for the year ended 31 December 2019 have been audited by the
Company’s auditors, KPMG Inc., who expressed an unmodified audit opinion thereon.
The audit opinion also includes communication of key audit matters. The audit opinion is
available, along with the annual financial statements, and the summary financial results,
on the Company’s website at https://www.randgoldexp.co.za/announcements-
23 March 2020
Date: 23-03-2020 05:00:00
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