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LABAT AFRICA LIMITED - Trading Statement

Release Date: 09/12/2013 16:50
Code(s): LAB     PDF:  
Wrap Text
Trading Statement

LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB ISIN: ZAE000018354
(“Labat” or “the company”)

TRADING STATEMENT

In terms of paragraph 3.4(b)(i) of the Listings Requirements
of the JSE Limited, listed companies are required to publish a
trading statement as soon as they become reasonably certain
that the financial results for the next period to be reported
on will be more than 20% different from those of the previous
corresponding period or from a profit forecast previously
provided to the market in relation to such period.

Accordingly, a review by management of the improved financial
results for the year ended 31 August 2013 has indicated that
the basic loss per share is expected to reduce by between 20%
and 40%, and the headline loss per share is expected to reduce
by between 20% and 40%, from the unaudited figures of the
previous corresponding period ended 31 August 2012.

This trading statement has not been reviewed by the company’s
auditors.

Johannesburg
09 December 2013

Sponsor
Arcay Moela Sponsors Proprietary Limited

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