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Trading statement: year ended 31 March 2015
Brait SE
(Registered in Malta as a European Company)
(Registration No.SE1)
Share code: BAT ISIN: LU0011857645
Share Code: BATP ISIN: MT0000680208
(“Brait” or “the Company”)
TRADING STATEMENT: YEAR ENDED 31 MARCH 2015
Shareholders of the Company are advised that:
Brait’s Net Asset Value ("NAV") per share for the year ended 31 March
2015 is anticipated to have increased in Euro by 165% to 175% to
between EUR5.83 and EUR6.05 (2014: EUR2.20), and in Rand by 135% to
145% to between ZAR75.08 and ZAR78.28 (2014: ZAR31.95). The increase
in NAV per share is primarily attributed to the disposal of Brait’s
effective 37.06% interest in Pepkor Holdings Proprietary Limited to
Steinhoff International Holdings Limited on 30 March 2015.
The financial information on which this trading statement is based
has not been reviewed and reported on by the Company’s external
auditors. The financial results of the Company for the year ended 31
March 2015 are currently being prepared and are expected to be
released on the Luxembourg Stock Exchange and the JSE Stock Exchange
News Service on or about 17 June 2015.
Malta
5 May 2015
The Company’s primary listing is on the Euro MTF market of the
Luxembourg Stock Exchange and its secondary listing is on the
Johannesburg Stock Exchange.
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 05/05/2015 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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