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SOVEREIGN FOOD INVESTMENTS LIMITED - Trading statement

Release Date: 17/02/2015 09:00
Code(s): SOV     PDF:  
Wrap Text
Trading statement

SOVEREIGN FOOD INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number 1995/003990/06
JSE Code: SOV
ISIN Number: ZAE000009221
(“Sovereign” or the “Company”)

TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading
statement as soon as they are satisfied with a reasonable degree of certainty that the financial results
of the period to be reported upon will differ by 20% or more from the financial results of the previous
corresponding period.

Accordingly, Sovereign shareholders are advised that the Company’s earnings per share (“EPS”) and
headline earnings per share (“HEPS”) for the year ending 28 February 2015 are expected to be more
than 20% higher than those of the of the previous corresponding period, i.e. EPS and HEPS are
expected to be at least 70.20 cents (2014: 58.5 cents) and 72.24 cents (2014: 60.2 cents) per share
respectively.

The Company will provide shareholders with an updated trading statement range, when there is a
more reasonable degree of certainty.

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

Shareholders are advised that the Company’s results for the year ending 28 February 2015 are
expected to be published on or about 15 May 2015.

Port Elizabeth
17 February 2015

Sponsor
One Capital

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