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KEATON ENERGY HOLDINGS LIMITED - Trading Statement

Release Date: 14/11/2014 08:00
Code(s): KEH     PDF:  
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Trading Statement

Keaton Energy Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/011090/06)
JSE share code: KEH ISIN: ZAE000117420
(“Keaton Energy” or “the Company”)


Trading Statement


The Company`s reviewed results for the six months ended 30 September 2014 are expected to be
published on or about 19 November 2014.

Shareholders are advised that the company expects, with reasonable certainty, that headline earnings
per share for the six months ended 30 September 2014 will be between 13.2 and 14.2 cents per
share which is a decrease of between 32% and 27% if compared to 19.4 cents per share for the
comparative period ended 30 September 2013. It is expected that basic earnings per share for the six
months ending 30 September 2014 will be between 12.3 and 13.3 cents per share, which is a
decrease of between 37% and 31% if compared to 19.4 cents per share for the comparative period
ending 30 September 2013.

The decrease in headline earnings per share and basic earnings per share is attributable to a higher
number of shares in issue for the period following the issue of 32 647 838 new shares in February
2014 as well as increased finance costs following the drawdown of the Investec finance facility, the
benefit of which will flow only once production commences at Moabsvelden.

Shareholders are advised that this information has not been reviewed or reported on by the
Company`s auditors.

This trading statement is issued in terms of the JSE Limited`s Listings Requirements.

Bryanston
14 November 2014

Sponsor
Investec Bank Limited

Date: 14/11/2014 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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