CMO - Restatement of Financial Information
CHROMETCO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/026265/06)
Share code: CMO
ISIN: ZAE000070249
("the Company")
RESTATEMENT OF FINANCIAL INFORMATION
Shareholders are referred to the “Reviewed Condensed Consolidated Interim Financial Results for the six months ended 31 August 2017” announcements released on SENS on 27 October 2017, wherein shareholders were advised that:
- the basic and diluted loss per share for the comparative period, being the six month period ended 31 August 2016 have both been restated from 8.06 cents and 0.81 cents, respectively to 4.03 cents and the headline and diluted headline loss per share for the same period have both been restated from 8.06 cents and 0.81 cents, respectively to 4.03 cents.
Shareholders should note that the basic and diluted loss and headline and diluted headline loss were all correctly stated.
This restatement was identified during the Chief Financial Officer’s review of the 31 August 2017 interim results. The misstatement occurred due to incorrectly weighing the weighted average number of shares in issue for the 31 August 2016 period.
1 November 2017
Designated Advisor
PSG Capital