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Trading statement
SOVEREIGN FOOD INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number 1995/003990/06
JSE Code: SOV
ISIN Number: ZAE000009221
(“Sovereign” or the “Company”)
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading
statement as soon as they are satisfied with a reasonable degree of certainty that the financial results
of the period to be reported upon will differ by 20% or more from the financial results of the previous
corresponding period.
Accordingly, Sovereign shareholders are advised that the Company’s earnings per share (“EPS”) and
headline earnings per share (“HEPS”) for the 6 months ending 31 August 2015 are expected to be at
least 155% higher than those of the previous corresponding period, i.e. EPS and HEPS are expected
to be at least 70.9 cents (2014: 27.8 cents) and 71.7 cents (2014: 28.1 cents) per share respectively.
Included in these results is the reversal of the provision in respect of electricity tariffs as set out in
note 8 and note 23 of the 2015 Integrated Report. This amount is approximately 26.0 cents per share.
The Company will provide shareholders with an updated trading statement range, when there is a
more reasonable degree of certainty.
The Company’s auditors have not reviewed or reported on the financial information on which this
trading statement is based.
Shareholders are advised that the Company’s results for the 6 months ending 31 August 2015 are
expected to be published on or about 2 October 2015.
Port Elizabeth
11 August 2015
Sponsor
One Capital
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