RECM AND CALIBRE LIMITED - Trading Statement: Net Asset Value (NAV) per share update for the six months ended 30 September 2017
RACP 201711010020A
Trading Statement: Net Asset Value (“NAV”) per share update for the six months ended 30 September 2017
RECM and Calibre Limited
Incorporated in the Republic of South Africa)
Registration number 2009/012403/06)
Preference share code: RACP
ISIN: ZAE000145041
(“RAC” or "the Company”)
TRADING STATEMENT: NET ASSET VALUE (“NAV”) PER SHARE UPDATE FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2017
In compliance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a listed
company is required to publish a trading statement as soon as it is satisfied that a reasonable
degree of certainty exists that the financial results for the next period to be reported on will differ
by at least 20% from the previous corresponding period.
The Board of Directors of RAC considers the NAV per share of the Company to be the best
indicator of its financial performance.
Shareholders are hereby advised that, for the six months ended 30 September 2017, RAC expects
the NAV per share to be between 2 700 and 2 800 cents. This represents an increase of between
20% and 25% from the NAV per share of 2 242 cents as reported at 30 September 2016.
The contents of this trading statement and the financial information on which it has been based
have not been reviewed, audited or reported on by the Company’s auditors.
Cape Town
1 November 2017
Sponsor
Questco Corporate Advisory (Pty) Ltd
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