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CADIZ HOLDINGS LIMITED - Trading Statement

Release Date: 20/05/2014 13:45
Code(s): CDZ     PDF:  
Wrap Text
Trading Statement

CADIZ HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1997/007258/06)
JSE share code: CDZ
ISIN: ZAE000017661
(“Cadiz Holdings” or “the group”)

CADIZ HOLDINGS – TRADING STATEMENT

Cadiz Holdings shareholders are advised that basic and diluted
earnings per share for the year ended 31 March 2014 (“the
period”) are expected to be between 10% and 15% higher than the
corresponding period.

Basic and diluted earnings have been impacted by R1.9 million of
costs (a loss of 0.8 cents per share) for the discontinued
operations related to the disposal of the Securities business to
BNP Paribas in October 2012.

Basic and diluted earnings per share from continuing operations
are expected to be between 50% and 60% higher.

Basic and diluted headline earnings per share for the period are
expected to be between 15% and 20% higher than the corresponding
period.

The group’s results for the year ended 31 March 2014 will be
announced on SENS on Monday 2 June 2014.

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

Cape Town
20 May 2014

Sponsor
Investec Bank Limited

Date: 20/05/2014 01:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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