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NIVEUS INVESTMENTS LIMITED - Trading Statement

Release Date: 20/11/2019 15:43
Code(s): NIV     PDF:  
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Trading Statement

NIVEUS INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1996/005744/06)
Share code: NIV
ISIN: ZAE000169553
(“Niveus” 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 if 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.

In compliance with the JSE Listings Requirements, Niveus shareholders are advised that the
Company expects to report attributable losses per share of between 7.6 cents and 7.8 cents for
the six months ended 30 September 2019, as compared to attributable profit per share of 2.2
cents reported in the prior comparative period. The Company furthermore expects to report
headline losses per share of between 1.3 cents and 3.3 cents for the six months ended 30
September 2019, being a decrease of between 94.0% and 84.0% compared to headline losses per
share of 20.9 cents reported in the prior comparative period.

The prior comparative period’s results included a number of disposals of subsidiaries, which
did not recur in the current period.

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

Niveus’ interim financial results for the six months ended 30 September 2019 are due to be
released on or about 21 November 2019.

Cape Town
20 November 2019

Sponsor: Investec Bank Limited

Date: 20/11/2019 03:43:00
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