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Further Trading Statement
Argent Industrial Limited
(Registration number 1993/002054/06)
(Incorporated in the Republic of South Africa)
Share Code: ART
ISIN: ZAE000019188
(“Argent” or “the company” or “the group”)
FURTHER TRADING STATEMENT
In terms of paragraph 3.4 (b) of the Listing Requirements of the
JSE Limited, companies are required to publish a trading statement
as soon as they are satisfied that there is a reasonable degree of
certainty that the financial results for the next reporting period
will differ by more than 20% from those of the previous
corresponding period.
Shareholders are referred to the trading statement released on
SENS on 23 April 2015 and are advised that due to an improved
assessment of Giflo Engineering (Bophuthatswana) (Pty) Ltd the
earnings per share and headline earnings per share for the year
ended 31 March 2015 are expected to differ from those released in
the abovementioned announcement.
Headline earnings per share for the year ended 31 March 2015 are
expected to be between 39.3 and 42.2 cents per share compared to
14.6 cents per share in the previous corresponding period, being
between 169% and 189% higher. The basic earnings per share for
the year ended 31 March 2015 is expected to be between 7.3 and
49.6 cents per share compared to the basic loss per share of 211.4
cents in the previous corresponding period, being an increase of
between 103% and 123%.
The audited results for the year ended 31 March 2015 are to be
published on SENS on 30 June 2015.
Umhlanga
23 June 2015
Sponsor: PSG Capital Proprietary Limited
Date: 23/06/2015 02:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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