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SOUTHERN ELECTRICITY COMPANY LTD - Trading Statement

Release Date: 02/09/2013 13:05
Code(s): SLO     PDF:  
Wrap Text
Trading Statement

Southern Electricity Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/006894/06)
Share code: SLO ISIN: ZAE000041919
("SELCo" or "the company")

TRADING STATEMENT

In terms of paragraph 3.4 (b) of the JSE Limited`s Listings Requirements, a company
is required to issue a trading statement as soon as it is satisfied that a reasonable
degree of certainty exists that the financial results for the period to be reported on
next will differ by at least 20% from the financial results of the previous
corresponding period.

Shareholders are advised that the company expects, for the year ended 30 June
2013, to report an improvement of between 90% and 100% on the 2012 basic loss
per share of 12.91 cents and an improvement of between 91% and 111% on the
2012 headline loss per share of 2.95 cents.

The financial information on which this trading statement is based has not been
reviewed or reported on by the company`s auditors. The results for the year ended
30 June 2013 are expected to be published on or before 30 September 2013.

Pretoria
2 September 2013

Sponsor: Grindrod Bank Limited

Date: 02/09/2013 01:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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