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AFRICAN DAWN CAPITAL LIMITED - Trading staement

Release Date: 22/11/2013 13:50
Code(s): ADW     PDF:  
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Trading staement

AFRICAN DAWN CAPITAL LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1998/020520/06)

JSE code: ADW

ISIN: ZAE000060703

("Afdawn" or "the company")





TRADING STATEMENT





In compliance with paragraph 3.4 of the Listings Requirements of the JSE

Limited, a listed company is required to publish a trading statement as soon as

it is satisfied that a reasonable degree of certainty exists, that the financial

results for the next period to be reported on are likely to vary by more than

20% from the previous corresponding period.





Afdawn advise shareholders that the company expects a change in the Earnings per

share ("EPS") and Headline Earnings per share ("HEPS") to reflect a loss per share

of (0.80) cents and headline loss per share of (0.75) cents per share respectively,

for the six months ended, 31 August 2013.





The reported EPS and HEPS for the previous corresponding period were both 0.05

cents.





Shareholders attention is drawn to the new strategic vision for the group as

disclosed in previous announcements, together with the cautionary announcement

dated 18 November 2013.





The results for the six months ended 31 August 2013 will be released on SENS during

the last week of November 2013. The information in this trading statement has not

been reviewed or reported on by Afdawn`s auditors, Grant Thornton.





Johannesburg

22 November 2013





Designated Advisor

Sasfin Capital

A division of Sasfin Bank Limited


Date: 22/11/2013 01:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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