MNK 201506030042A
Trading statement
MONTAUK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/017811/06)
(Share code: MNKI & ISIN: ZAE000197455)
("MNK" or "the company")
TRADING STATEMENT
In terms of section 3.4 (b) of the JSE Limited Listings Requirements,
companies are required to publish a trading statement as soon as they are
reasonably certain that the financial results for the current reporting
period will be more than 20% different than that of the previous
corresponding period.
Shareholders are hereby advised that a reasonable degree of certainty exists
that for the year ended 31 March 2015, the Company will report basic losses
per share of between 15.59 cents and 14.63 cents, being an increase in losses
of between 63% and 53%, and headline losses per share of between 7.36 cents
and 6.80 cents, being an increase in losses of between 31% and 21%, as
opposed to basic losses per share of 9.56 cents and headline losses per share
of 5.62 cents for the prior year.
Basic losses per share includes losses relating to the disposal of certain
subsidiaries to fellow subsidiaries of the Hosken Consolidated Investments
Limited group prior to that company’s unbundling of its shareholding in the
Company.
The above information has not been reviewed or reported on by the Company`s
auditors. The Company`s results are expected to be published on 4 June 2015.
Cape Town
3 June 2015
Sponsor:
Investec Bank Limited
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