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BONATLA PROPERTY HOLDINGS LIMITED - Trading Statement

Release Date: 06/05/2015 17:25
Code(s): BNT     PDF:  
Wrap Text
Trading Statement

BONATLA PROPERTY HOLDINGS LIMITED
(Incorporated in the Republic of South Africa
(Registration number 1996/014533/06)
Share code: BNT & ISIN code: ZAE000013694
("Bonatla" or "the company")


TRADING STATEMENT


Shareholders are advised that Bonatla has changed its year end from 31 December
to 31 March. This trading statement accordingly relates to the 12 month interim
period ended 31 December 2014.

In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a listed
company is required to publish a trading statement as soon as it is satisfied that a
reasonable degree of certainty exists that the financial results for the period to be
reported upon next will differ, by at least 20%, from those of the previous
corresponding period.

Shareholders are advised that the headline loss per share (“HLPS”) is expected to
improve by between 32% (1.89) cents per share and 44% (1.55) cents per share for
the 12 months ended 31 December 2014 when compared to the HLPS of (2.76)
cents per share reported for the year ended 31 December 2013; and

The loss per share (“LPS”) for the 12 month period ended 31 December 2014 is
expected to increase by between 3% (4.85) cents per share and 16% (5.47) cents
per share when compared to the loss of (4.71) cents per share for the prior year
ended 31 December 2013. However, the loss from continuing operations is
expected to increase by between 20% (4.56) cents per share and 40% (5.32) cents
per share when compared to the LPS from continuing operations of (3.80) cents per
share reported for the year ended 31 December 2013.

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

The Company expects its reviewed results for the 12 month interim period ended
31 December 2014 to be released on SENS on or about 7 May 2015.

Johannesburg
6 May 2015

Sponsor
Arbor Capital Sponsors (Pty) Ltd

Date: 06/05/2015 05:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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