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SAFARI INVESTMENTS (RSA) LTD - Trading Statement

Release Date: 26/06/2014 17:12
Code(s): SAR     PDF:  
Wrap Text
Trading Statement

SAFARI INVESTMENTS RSA LIMITED
Approved as a REIT by the JSE Limited
(Incorporated in the Republic of South Africa)
(Registration number 2000/015002/06)
Share code: SAR ISIN: ZAE000188280
(“Safari” or “the Company”)

TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it
becomes aware that the financial results for the financial period to be reported on next will vary by 20% or more from those of the
previous comparable period.

Shareholders are referred to the forecast published by Safari for the year ending 31 March 2014 (“the Profit Forecast”) in its pre-
listing statement dated 28 March 2014.

Shareholders are hereby advised that a reasonable degree of certainty exists that the Company will report headline earnings per
share of 30 cents for the year ended 31 March 2014, as opposed to the headline earnings per share of 79,50 cents published in the
Profit Forecast, as a result of deferred tax liabilities reversed by the Company. This was a result of the Company’s REIT status.
Furthermore, the basic and diluted earning per share for the year ended 31 March 2014 will be 129 cents, as opposed to the basic
and diluted earning per share of 79,50 cents published in the Profit Forecast, also as a result of reversed deferred tax liabilities.
The financial information on which this trading statement is based has not been reviewed and reported on by Safari’s auditor. The
financial results for the year ended 31 March 2014 are expected to be published on or about 27 June 2014.

26 June 2014
Pretoria

Sponsor: PSG CAPITAL

Date: 26/06/2014 05:12:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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