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BASIL READ HOLDINGS LIMITED - Trading Update

Release Date: 20/03/2014 07:05
Code(s): BSR     PDF:  
Wrap Text
Trading Update

Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1984/007758/06)
Share Code: BSR ISIN: ZAE 000029781
(“Basil Read” or the “Group”)

TRADING UPDATE

In accordance with paragraph 3.4(b) of the Listings
Requirements of the JSE Limited, a 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 at least 20% from the previous
corresponding period.

Shareholders are advised that     Basil Read expects its
earnings per share for the 12    months ended 31 December
2013 to be between 220 and 250    cents per share compared
to the 136.54 cents loss per     share for the previously
reported corresponding period.

Shareholders are further advised that Basil Read expects
its earnings per share from continuing operations for the
12 months ended 31 December 2013 to be between 90 and 100
cents per share compared to the 158.21 cents loss per
share for the previously reported corresponding period.

Shareholders are further advised that Basil Read expects
its headline earnings per share for the 12 months ended
31 December 2013 to be between 80 and 90 cents per share
compared to the 130.84 loss per share for the previously
reported corresponding period

The financial information on which this trading statement
is based has not been reviewed or reported on by Basil
Read’s auditors.

Basil Read intends to publish its annual results for the
year ended 31 December 2013 on or about 26 March 2014.



Johannesburg
19 March 2014


JSE Sponsor
Macquarie First South Capital (Pty) Limited

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