RAC - Racec Group Limited - Change statement and notice of annual general
RAC
RAC
RAC - Racec Group Limited - Change statement and notice of annual general
meeting
RACEC GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/006153/06)
Share code: RAC ISIN: ZAE000105409
("RACEC")
CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING
CHANGE STATEMENT
Shareholders are advised that the Annual Report for the year ended 30 September
2008 was dispatched on 23 December 2008 and contains no material modifications
to the abridged audited financial results published on 11 December 2008 other
than those detailed below:
As per the As per the
Annual SENS
Report announcement
R`000 R`000
Revenue 383 841 388 893
Cost of sales 301 986 307 038
Gross profit 81 855 81 855
The audited financial statements differ from the abridged audited financial
results published on 11 December 2008, for the following reason:
* An amount of R5.05 million has been reclassified between revenue and cost of
sales. The reclassification was done to reverse an incorrect journal posting
between revenue and cost of sales. The reclassification has a nil effect on
the gross profit and on the profit after tax.
NOTICE OF ANNUAL GENERAL MEETING
Notice is hereby given that the annual general meeting of shareholders of RACEC
will be held on Friday, 27 February 2009 at 10:00 at Kelvin Grove, 144
Campground Road, Newlands, 7700, Cape Town, to transact the business stated in
the notice of annual general meeting, which notice forms part of the Annual
Report.
Johannesburg
23 December 2008
Designated Adviser
Merchantec (Proprietary) Limited
Date: 23/12/2008 10:48:21 Produced by the JSE SENS Department.
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