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STRATCORP LIMITED - Revised trading update

Release Date: 28/05/2015 09:50
Code(s): STA     PDF:  
Wrap Text
Revised trading update

STRATCORP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2000/031842/06)
(JSE code: STA    ISIN: ZAE000034294)
(“Stratcorp” or “the company”)

Revised Trading Update

In terms of paragraph 3.4 (b) of the JSE Limited (“JSE”) Listings Requirements, companies are 
required to publish a trading statement as soon as they become reasonably certain that the 
financial results for the period to be reported on will differ by more than 20% from the previous 
corresponding period.

Shareholders are referred to the SENS announcement on 21 May 2015.

Management has indicated with a reasonable degree of certainty that the headline loss per share 
(“HEPS”) is expected to be more than  4 cent per share which is a reduction of at least 242% when 
compared to the previous reporting period (2014: HEPS was 2.81 cents per share).  The loss per 
share (“EPS”) is expected to be more than 4 cent per share which is a reduction in earnings of 
at least 343% when compared to the previous reporting period (2014: EPS was 1.64 cents per share).

The main reason for the increased loss is the devaluation of the properties owned by the Group.

A further trading statement will be published once the company has more certainty with regards 
to its financial results for the year ended 28 February 2015.
 
The financial information on which this trading statement is based has not been reviewed or 
reported on by Stratcorp`s auditors. The Company’s financial results for the period ended 28 
February 2015, which has to be released by the end of May 2015, are expected to be released 
in June 2015.

28 May 2015
Centurion

Designated Adviser
Exchange Sponsors




Date: 28/05/2015 09:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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