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Trading statement for the six months ended 30 June 2021
Arden Capital Limited
(Registration number: 115883 C1/GBL)
Share Code: ACZ
ISIN: MU0548S00026
(“the Company”)
Trading statement for the six months ended 30 June 2021
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 those
of the previous corresponding period.
Shareholders are hereby advised that, for the six months ended 30 June 2021, when compared to the
six months ended 30 June 2020 (“HY2020”):
• the loss per share of the Company is expected to be between 1.90 and 2.98 US cents per
share, being a decrease of between 7.28 and 8.36 US cents from the restated earnings per
share of 5.38 US cents (2.54 US cents before restatement) reported for HY2020; and
• headline loss per share is expected to be between 2.91 and 3.53 US cents per share, being a
decrease of between 6.04 and 6.66 US cents from the restated headline earnings per share of
3.13 US cents (0.28 US cents before restatement) reported for HY2020.
The comparatives have been restated as a result of the application of International Accounting Standard
(“IAS”) 21 – The Effects of Changes in Foreign Exchange Rates, and IAS 29 – Financial reporting in
Hyperinflationary Economies, on a foreign branch, in line with the restatement reported in the financial
statements for the year ended 31 December 2020.
The financial information contained in this announcement has not been audited, reviewed or reported
upon by the Company’s external auditors.
The Company’s results for the six months ended 30 June 2021 are expected to be released on or about
26 October 2021.
Grand Baie, Mauritius
19 October 2021
Sponsor
Questco Corporate Advisory Proprietary Limited
Date: 19-10-2021 03:30:00
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