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GLOBAL ASSET MANAGEMENT LTD - Further Trading Statement

Release Date: 28/07/2015 16:40
Code(s): GAM     PDF:  
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Further Trading Statement

GLOBAL ASSET MANAGEMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/003192/06)
Share Code: GAM       ISIN: ZAE000173498
("Global" or “the company”)


FURTHER TRADING STATEMENT


In terms of the JSE Listings Requirements, companies are required to publish a trading
statement as soon as they are satisfied that a reasonable degree of certainty exists that the
financial results for the period to be reported will differ by at least 20% from the financial
results for the previous corresponding period or a profit forecast previously provided to the
market in relation to such period.

Further to the trading statement released on 14 July 2015, an adjustment to headline earnings
had been made. Accordingly, shareholders are advised as follows:

-    the earnings per share will remain in line with the 8.9 cents as previously published on 14
     July 2015; ; and
-    the headline earnings per share for the six months ended 31 May 2015 is expected to
     be 9.7 cents per share, which will be approximately 26.5% lower than the prior period’s
     headline earnings per share of 13.2 cents.


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

By order of the board
28 July 2015

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

Date: 28/07/2015 04:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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