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MAHUBE INFRASTRUCTURE LIMITED - Trading statement

Release Date: 25/11/2020 16:27
Code(s): MHB     PDF:  
Wrap Text
Trading statement

Mahube Infrastructure Limited

(Formerly GAIA Infrastructure Capital Limited)

(Incorporated in the Republic of South Africa)

(Registration number: 2015/115237/06)

ISIN: ZAE000290763

JSE code: MHB

(“Mahube” or “the Company”)



TRADING STATEMENT

In terms of paragraph 3.4(b)(i) of the JSE Limited Listing Requirements, Mahube's shareholders
are hereby advised that the Company and its directors have reasonable certainty that for the six
month period ended 31 August 2020:


• the tangible net asset value ("TNAV") per share of the Company is expected to be between R10.91
and R11.33, representing an increase of between 1.5% and 5.5% compared to the TNAV per share of
R10.74 reported for the period ended 29 February 2020.


• earnings and headline earnings per share for the six month period ended 31 August 2020 are
expected to be between 52.27 cents and 54.07 cents per share compared to earnings and headline
earnings per share of 18.06 cents per share reported for the reporting period ended 31 August 2019.
The increase in earnings is primarily as a result of the net gain from financial assets measured at fair
value.

The estimate financial information on which this trading statement is based has not been reviewed
and reported on by Mahube’s external auditors. The financial results for the six month period ended
31 August 2020 are expected to be published on SENS by no later than 30 November 2020.




Johannesburg

25 November 2020

Sponsor

Sasfin Capital (a member of the Sasfin Group)

Date: 25-11-2020 04:27:00
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