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Trading Update
VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000110359
("Vunani" or "the company")
TRADING UPDATE
In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to publish a
trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial
results for the period to be reported on will differ by 20% or more from the financial results for the previous
corresponding period. Shareholders are referred to the Trading Update released on SENS on 25 May 2020 and
are advised that the below guidance replaces the guidance provided in the previous announcement.
Shareholders are advised that Vunani is in the process of finalising its results for the year ended 29 February
2020 and anticipates that it will report basic earnings per share of between 29.0 cents and 40.0 cents, compared
to the 54.7 cents per share for the previous corresponding period, which represents an expected decrease of
between 27% and 47%.
Vunani anticipates that it will report headline earning per share of between negative 5.0 cents and 6.0 cents
compared to the 54.7 cents per share for the previous corresponding period, which represents an expected
decrease of between 89% and 109%.
The financial information on which this trading update is based has not been reviewed or reported on by the
company`s auditors.
The annual results for the year ended 29 February 2020 will be released on SENS on or about Tuesday 30th June
2020.
Sandton
29 June 2020
Designated Adviser
Grindrod Bank Limited
Date: 29-06-2020 03:45:00
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