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SEPHAKU HOLDINGS LIMITED - Trading Statement for the financial year ended 31 March 2014

Release Date: 13/06/2014 12:00
Code(s): SEP     PDF:  
Wrap Text
Trading Statement for the financial year ended 31 March 2014

Sephaku Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2005/003306/06)
Share code: SEP
ISIN: ZAE000138459
("SepHold" or “the Company”)

Trading Statement for the financial year ended 31 March 2014

Shareholders are advised that, in compliance with paragraph 3.4 of the Listings Requirements
of the JSE Limited, the Company expects the basic loss per share to be between 1.63 and
1.36 cents and headline loss per share to be between 2.58 and 2.15 cents for the financial
year ended 31 March 2014. The change in earnings is mainly attributable to the following:

(i)      SepHold changed its financial year-end from June to March with effect from the 2013
         financial year. This therefore resulted in the corresponding period being a 9 month
         period, whereas the 2014 period reflects a 12 month period;

(ii)     Métier’s results for the 12 months ended 31 March 2014 were included in the
         consolidated results in comparison to the one month included in the previous financial
         year post the acquisition and;

(iii)    An increase in the non-capital related expenditure incurred in preparation for market
         entry by its associate, Sephaku Cement (Pty) Ltd.

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

The results for the financial year ended 31 March 2014 will be released end of June 2014.


Centurion
13 June 2014
_______________________________________________________________________
Enquiries contact: Sakhile Ndlovu               Sephaku Holdings            Investor Relations           012 622 9400

Sponsor to Sephaku Holdings: Questco (Pty) Ltd

About Sephaku Holdings Limited

Sephaku Holdings Limited (“SepHold”) is a building and construction materials company with a portfolio of investments in the
cement sector in South Africa. The company’s core investments are a 36% stake in Sephaku Cement (Pty) Ltd (“SepCem” or
“the associate”) and 100% in Métier Mixed Concrete (Pty) Ltd (“Métier” or “the subsidiary”). The strategy of SepHold is to
generate growth and realise value for shareholders through the production of cement and ready mixed concrete in Southern
Africa.

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