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STEFANUTTI STOCKS HOLDINGS LTD - Trading Statement

Release Date: 29/04/2013 14:09
Code(s): SSK     PDF:  
Wrap Text
Trading Statement

Stefanutti Stocks Holdings Limited
(Registration number 1996/003767/06)
Share code: SSK      ISIN: ZAE000123766
(“Stefanutti Stocks” or “the Group”)


TRADING STATEMENT


In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, the Board of Stefanutti Stocks
hereby announces that the Group’s results for the year ended 28 February 2013, being earnings and
headline earnings per share, are expected to be between 30% to 50% lower than the earnings and headline
earnings per share for the prior comparative period.


These results do not yet make any provision for a penalty payable to the Competition Commission pursuant
to its current investigations. Notwithstanding that discussions in this regard are at an advanced stage, no
reliable estimate can as yet be made regarding the quantum of the penalty. Shareholders must however
expect the settlement amount to be material, and will be informed as soon as a reliable estimate of the likely
quantum can be provided.


The financial information on which this trading statement is based has not been reviewed or reported on by
the Group’s auditors.


Johannesburg
29 April 2013
Sponsor: Bridge Capital Advisors (Pty) Limited

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