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BK ONE LIMITED - Trading update

Release Date: 22/05/2014 16:50
Code(s): BK1P     PDF:  
Wrap Text
Trading update

BK One Limited
Incorporated in the Republic of South Africa
Registration Number: 2011/008103/06
Preference Share Code: BK1P
ISIN: ZAE000161352
“BK One” or “the Company”


Trading update

In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement
as soon as they are reasonably certain that the financial results for the current reporting period will be
more than 20% different than that of the prior comparative period.

Accordingly, shareholders are advised that the loss per preference share and headline loss per
preference share for the financial year ended 28 February 2014 is expected to be between R0.99 and
R0.82. This is an improvement of between R2.36 and R2.53 per share from the comparable full year
results published for 28 February 2013, for which the Company reported a loss per preference share and
headline loss per preference share of R3.35.

The calculation of the loss per preference share and headline loss per share is based on 24 492 823
issued shares at 28 February 2014 (28 February 2013: 20 102 000 shares) and weighted average
number of preference shares in issue of 22 297 437 (28 February 2013 : 20 102 000 shares).

Shareholders are advised that the above trading statement has not been reviewed or reported on by the
Company’s auditors and that the Company’s results for the 12 months ended 28 February 2014 are
expected to be released on or about 30 May 2014.


22 May 2014
Cape Town

Sponsor
Nedbank Capital

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