To view the PDF file, sign up for a MySharenet subscription.

NEWPARK REIT LIMITED - Trading statement

Release Date: 06/10/2020 13:16
Code(s): NRL     PDF:  
Wrap Text
Trading statement

NEWPARK REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2015/436550/06)
JSE share code: NRL ISIN: ZAE000212783
(Approved as a REIT by the JSE)
(“Newpark” or the “Company” or the “Group”)
                                                                                             

TRADING STATEMENT


Newpark has elected dividend per share (“DPS”) as its relevant measure of financial performance. In terms of the JSE
Listings Requirements, the Company is required to publish a trading statement as soon as it is satisfied that a
reasonable degree of certainty that the DPS for the period to be reported upon next will differ by at least 15% from
that of the prior corresponding period.

Shareholders are advised that the Group’s interim DPS and distributable earnings per share for the 6 months to
31 August 2020 is expected to be 19.63 cents per share, being a decline of 19.3% when compared to the DPS and
distributable earnings per share of 24.32 cents per share for the six months ended 31 August 2019.

The financial results on which this trading statement is based have not been reviewed or reported on by Newpark’s
auditors. The financial results of Newpark for the 6 months ended 31 August 2020 will be published on SENS on or
about 7 October 2020.

6 October 2020


Sponsor
Java Capital

Date: 06-10-2020 01:16:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story