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SOVEREIGN FOOD INVESTMENTS LIMITED - Trading statement update

Release Date: 29/09/2015 08:30
Code(s): SOV     PDF:  
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Trading statement update

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 UPDATE

Further to the announcement released on 11 August 2015, Sovereign shareholders are advised that
the Company’s earnings per share (“EPS”) and headline earnings per share (“HEPS”) for the 6
months ended 31 August 2015 are expected to be between 210% and 230% higher than those of the
previous corresponding period, i.e. EPS are expected to be between 86.2 cents and 91.7 cents per
share (2014: 27.8 cents per share) and HEPS are expected to be between 87.1 cents and 92.7 cents
per share (2014: 28.1 cents per share). 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’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 ended 31 August 2015 are
expected to be published on or about 12 October 2015.


Port Elizabeth
29 September 2015


Sponsor
One Capital

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