DISTRIBUTION AND WAREHOUSING NETWORK LIMITED – Trading Statement

2018/12/07 11:31:00
SENS announcement for JSE listed company: DAW
                        

DAW 201812070031A
Trading Statement

Distribution and Warehousing Network Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/008265/06)
Share code: DAW & ISIN code: ZAE000018834
(‘DAWN’ or ‘the Group’)

TRADING STATEMENT

In compliance with section 3.4 (b) of the Listings Requirements of the JSE Limited (‘Listings Requirements’),
a listed company is required to publish a trading statement as soon as it becomes reasonably certain that
the financial results for the period to be reported on next will show a 20% or more difference from the
previous corresponding period.

DAWN shareholders are advised that, with a reasonable degree of certainty , the Group expects results for
the 6 months to 30 September 2018 to be as follows:

Headline loss per share (‘HLPS’) will reflect a deterioration of between 174% and 188% compared to the
HLPS achieved for the half year reported ended 30 September 2017. This translates to a HLPS of between
37.6 and 39.5 and cents per share compared to the HLPS of 13.73 cents per share for the half year ended
30 September 2017.

The loss per share (‘LPS’) will reflect a deterioration of between 98% and 112% compared to the LPS
incurred for the half year reported ended 30 September 2017. This translates to a LPS of between 38.5
and 41.2 cents per share compared to the LPS of 19.45 cents per share for the comparative half year ended
30 September 2017.

The financial results on which this trading statement has been based, have not been reviewed and reported
on by DAWN’s auditors.

The trading statement has been reviewed by SNG Grant Thornton, a JSE accredited auditor in compliance
with section (111)(9) of the Companies Regulation, 2011 and paragraph 3.4(b)(viii)(1)(aa) of the Listings
Requirements. Their unmodified report is available for inspection at DAWN registered address.

The results are expected to be released on or about 7 December 2018.

Germiston
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd
7 December 2018

Date: 07/12/2018 11:31:00 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
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