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Attacq Limited (JSE:ATT) News - Trading statement
ATTACQ LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/000543/06)
JSE share code: ATT ISIN: ZAE000177218
(Approved as a REIT by the JSE)
("Attacq" or "the Company" or "the Group")
TRADING STATEMENT
Shareholders are advised that Attacq’s distributable income per share ("DIPS") for the six months ended 31 December
2021 ("interim period") is expected to be 28.2 cents, an increase of 33.6% when compared to the DIPS for the six
months ended 31 December 2020 ("prior interim period") of 21.1 cents. The increase is primarily due to the receipt of
a dividend from MAS Real Estate Inc ("MAS"”) during September 2021 of R46.1 million. No dividend was received
from MAS during the prior interim period.
Consistent with Attacq's strategic objectives and continued market uncertainty, Attacq did not pay a dividend for the
year ended 30 June 2021 ("prior financial year"). In compliance with regulatory requirements, the distributable profits
generated by Attacq's subsidiaries during the prior financial year, were distributed to Attacq within four months of
year-end and the payment of a dividend in respect of these distributable profits will be required by no later than
31 October 2022 for Attacq to retain its Real Estate Investment Trust status. The board of directors has resolved not to
pay a dividend for the interim period. The board will consider the declaration of a dividend in relation to the year
ending 30 June 2022 ("current year"), before 31 October 2022, which dividend will be reflective of the Group's
performance in the current year and will not take into account distributable income generated in the prior financial
year.
The financial information contained in this trading statement has not been reviewed or reported on by Attacq's auditors.
Attacq's interim results will be released on 22 March 2022 and its investor presentation will be hosted online on
22 March 2022 at 11h00. Please visit www.attacq.co.za for more information.
17 March 2022
Sponsor
Java Capital
Date: 17-03-2022 05:25:00
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