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MARSHALL MONTEAGLE PLC - Trading statement for the year ended 31 March 2024

Release Date: 21/06/2024 12:03
Code(s): MMP     PDF:  
Wrap Text
Trading statement for the year ended 31 March 2024

Marshall Monteagle PLC
(Incorporated in Jersey)
(Registration number: 102785)
(External registration number:
JSE Code: MMP ISIN: JE00B5N88T08
("the Company")


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 become reasonably certain 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.

Shareholders are advised that the Company expects the following to be reported for the financial year
ended 31 March 2024:

    •   Headline earnings per share of US$5.8 cents, in comparison to headline loss per share of
        US$4.4 cents reported for the financial year ended 31 March 2023; and

    •   Earnings per share of US$14.6 cents, in comparison to earnings per share of US$0.6 cents
        reported for the financial year ended 31 March 2023.

The reason for the expected increases is due to the sale of Stromesa Court, the commercial property
in San Diego, California.

The financial information on which this trading statement is based has not been reviewed or reported
on by the Company's auditors.

The Company's summarised audited results for the year ended 31 March 2024 are expected to be
published on or about 28 June 2024.

21 June 2024

JSE Sponsor to the Company
Questco Corporate Advisory Proprietary Limited

Date: 21-06-2024 12:03:00
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