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Trading statement
Capital Appreciation Limited
Incorporated in the Republic of South Africa
(Registration number 2014/253277/06)
Share code: CTA ISIN: ZAE000208245
(“CAPPREC", or the “Group”)
TRADING STATEMENT
In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, a listed company is
required to publish a trading statement as soon as it is satisfied that a reasonable degree of
certainty exists that the financial results for the period to be reported on next, will differ by at
least 20% from those of the previous corresponding period.
CAPPREC’s basic Earnings Per Share (“EPS”) for the year ended 31 March 2020 will be higher than
the corresponding period by between 33.3% and 35.7% and will be between 11.10 cents and
11.30 cents, when compared to the reported EPS of 8.33 cents for the reporting year ended 31
March 2019.
CAPPREC’s Headline Earnings Per Share (“HEPS”) for the year ended 31 March 2020 will be higher
than the corresponding period by between 26.7% and 29.1% and will be between 10.55 cents
and 10.75 cents, when compared to the reported HEPS of 8.33 cents for the reporting year ended
31 March 2019.
The financial information on which this trading statement is based has not been reviewed or
reported on by the external auditors of CAPPREC.
CAPPREC’s audited financial results for the year ended 31 March 2020 will be released on SENS
on or about 1 June 2020.
Johannesburg
15 May 2020
Sponsor: Investec Bank Limited
Date: 15-05-2020 10:41:00
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