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Trading statement
LIFE HEALTHCARE GROUP HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 2003/002733/06
ISIN: ZAE000145892
Share Code: LHC
(“Life Healthcare” or “the Company”)
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited,
companies are required to provide guidance to the market when they
are satisfied that a reasonable degree of certainty exists that
the financial results for the forthcoming reporting period will
differ by at least 20% from the results of the previous
corresponding reporting period.
Accordingly, shareholders are advised that Life Healthcare’s
results for the six months ended 31 March 2014 are expected to
show an improvement of more than 20% from those reported for the
six months ended 31 March 2013. This expected improvement is
largely due to Life Healthcare’s disinvestment of its 49.3%
shareholding in Joint Medical Holdings Limited. However, as it is
quite early in the reporting period, the Company cannot, with
reasonable certainty, quantify the extent by which its results for
the six months ended 31 March 2014 will exceed the 20% range
required by the JSE Limited Listings Requirements.
It is expected that a further trading statement for the six months
ended 31 March 2014 will be issued later in the reporting period,
and by no later than 25 April 2014.
The financial information on which this trading statement is based
has not been reviewed and reported on by the Company’s external
auditors.
Illovo
7 March 2014
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 07/03/2014 12:21:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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