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MAHUBE INFRASTRUCTURE LIMITED - Trading Statement

Release Date: 26/05/2022 11:15
Code(s): MHB     PDF:  
Wrap Text
Trading Statement

 Mahube Infrastructure Limited
 (Incorporated in the Republic of South Africa)
 (Registration number: 2015/115237/06)
 ISIN: ZAE000290763
 JSE code: MHB
 (“Mahube” or the “Company”)

 TRADING STATEMENT

 In terms of paragraph 3.4(b)(i) of the JSE Limited Listings Requirements, Mahube's shareholders are hereby
 advised that the Company and its directors have reasonable certainty that for the period ended 28 February
 2022 earnings and headline earnings per share are expected to be between 117.85 cents and 120.02 cents per
 share, compared to earnings and headline earnings per share of 21.71 cents per share reported for the previous
 comparable period ended 28 February 2021.

 The expected increase in earnings is mainly a result of the favourable fair value adjustment of the investments
 held by the Company, as well as the impact of the once-off R18.0 million fee, incurred for the termination of the
 management services agreement, on the results for the previous comparable period.

 The financial information in this trading statement has not been reviewed and reported on by the auditors of
 the Company. Mahube’s financial results for the year ended 28 February 2022 will be published on or about 31
 May 2022.


 26 May 2022

 JSE Sponsor to Mahube

 Questco Corporate Advisory Proprietary Limited

Date: 26-05-2022 11:15:00
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