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AFRICAN AND OVERSEAS ENTERPRISES LD - Trading Statement

Release Date: 27/02/2013 16:31
Code(s): AOO AOVP AON     PDF:  
Wrap Text
Trading Statement

AFRICAN & OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1947/027461/06
Share code: AOO         ISIN: ZAE000000485
Share code: AON         ISIN: ZAE000009718
Share code: AOVP        ISIN: ZAE000000493
(“AOE” or “the company” or “the group”)


TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as
soon as they are reasonably certain that the financial results for the period to be reported on next will differ by more
than 20% from those for the previous corresponding period.

Shareholders were advised via SENS on 14 November 2012 regarding the prospects of the group for the first half of
the 2013 financial year. It was noted that “the company’s retail segment would remain under pressure in the 2013
financial year and certain strategic initiatives are being undertaken...which should have a positive impact in the
medium term”.

Accordingly, shareholders are advised that AOE expects headline earnings per share and earnings per share for the six
months ended 31 December 2012 to be between 154% and 159% lower than for the six months ended 31 December
2011.

The above information has not been reviewed or reported on by AOE’s external auditors. The company’s results for
the six months ended 31 December 2012 are expected to be published on or about 8 March 2013.


27 February 2013


Sponsor
Javacapital
Date: 27/02/2013 04:31:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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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.

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