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ELLIES HOLDINGS LIMITED - Trading statement

Release Date: 17/12/2015 16:00
Code(s): ELI     PDF:  
Wrap Text
Trading statement

ELLIES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2007/007084/06)
JSE share code: ELI ISIN: ZAE000103081
(“Ellies” 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 that a reasonable degree of certainty exists that the financial results
for the period to be reported upon next will differ by at least 20% from the previous corresponding period.

Shareholders are advised that Ellies expects that its loss per share (“LPS”) for the six months ended
31 October 2015 will be between 1.97 and 0.66 cents per share, being between 85% and 95% higher than the
loss per share of 13.10 cents for the six months ended 31 October 2014. Headline loss per share (“HLPS”) for
the six months ended 31 October 2015 are expected to be between 1.98 and 0.66 cents per share, being
between 85% and 95% higher than the headline loss per share of 13.17 cents for the six months ended
31 October 2014.

The above LPS is made up of a loss in the Infrastructure division but which is showing an improvement of
between 47% and 57% and a profit in the Consumer and property segment which is showing an improvement
of between 145% and 155%.

The LPS and HLPS calculations are based on the following number of shares in issue:
   - for the six months ended 31 October 2014 – 303 505 691;
   - for the six months ended 31 October 2015 – 585 232 462.

Ellies results for the six months ended 31 October 2015 are expected to be released on SENS on or about
25 January 2016.

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

17 December 2015

Sponsor
Java Capital

Date: 17/12/2015 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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