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CHROMETCO LIMITED - Trading Statement

Release Date: 26/05/2021 16:30
Code(s): CMO     PDF:  
Wrap Text
Trading Statement

CHROMETCO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/026265/06)
Share code: CMO
ISIN: ZAE007020249
("Chrometco" or "the Company")

TRADING STATEMENT

In terms of the JSE Limited Listings Requirements, a listed company is required to publish a
trading statement as soon as it becomes reasonably certain that the financial results for the
next period to be reported on will differ by 20% or more from the financial results for the
previous corresponding period.

The Company hereby advises that a reasonable degree of certainty exists that for the 12
months ended 28 February 2021:

   -   Headline loss per share will be between -3.46 cents and -3.70 cents, representing a
       decrease of between 188% and 208% compared to the previous headline loss per
       share of -1.20 cents reported for the 12 months ended 29 February 2020; and

   -   Loss per share will be between -3.71 cents and -3.97 cents, representing a decrease
       of between 179% and 199% compared to the previous loss per share of -1.33 cents
       reported for the 12 months ended 29 February 2020.

The financial information on which this trading statement is based has not been reviewed and
reported on by Chrometco’s external auditors. The reviewed results for the 12 months ended
28 February 2021 are expected to be published on or about 31 May 2021.

Johannesburg
26 May 2021

Designated Advisor
PSG Capital

Date: 26-05-2021 04:30:00
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