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AFRICAN AND OVERSEAS ENTERPRISES LD - Trading Statement

Release Date: 03/06/2013 11:55
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 current reporting period will differ by more than
20% from those for the previous corresponding period.

Shareholders are referred to the unaudited interim group results, released on SENS on 7 March 2013, wherein
shareholders were advised that the company expected a continued reduction in both sales and profitability in the
second half of the 2013 financial year.

Accordingly, shareholders are advised that the company expects headline earnings per share and earnings per share
for the twelve month period ending 30 June 2013 to be at least 180% lower than those for the previous
corresponding period.

AOE is not able, at this stage of the current financial year, to determine with a reasonable degree of certainty by
what percentage the results for the twelve months ending 30 June 2013 will be lower than the previous
corresponding period.

An updated trading statement will be released as soon as a reasonable degree of certainty is obtained.

The above information has not been reviewed or reported on by the company’s external auditors.

03 June 2013


Sponsor
Java Capital

Date: 03/06/2013 11:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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