In terms of the Listings Requirements of the JSE Limited (“JSE Listings Requirements”), companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on next will differ by more than 20% from those of the previous corresponding period.
Shareholders are hereby advised that a reasonable degree of certainty exists that the earnings per share for the six months ended 30 June 2015 is expected to be 0.47 cents per share (2014: 213 cents), being a decrease of 99.78%. Headline earnings per share is expected to be 0.47 cents per share (2014: 213 cents), being a decrease of 99.78%.
The information contained in this trading statement has not been reviewed or reported on by the Company’s external auditors. R&E expects to release its financial results for the six months ended 30 June 2015 on or about 14 August 2015.
11 August 2015