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Trading statement
AVENG LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1944/018119/06)
ISIN: ZAE000111829
SHARE CODE: AEG
("Aveng", "the Company" or “the Group”)
UPDATED TRADING STATEMENT
Updated trading statement announcement
Shareholders are advised that Aveng is currently finalising its results for the six months ended 31 December 2015
(“the period”), which will be released on SENS on 23 February 2016.
In accordance with section 3.4 (b) of the JSE Listings requirements and further to the trading statement released on 11
December 2015 in which the Company indicated that headline earnings per share (“HEPS”) for the period would be at
least 100% lower than the comparative six months ending 31 December 2014 (“the comparative period”), but limited to
a headline loss of R300 million, shareholders are advised that the headline loss for the period is likely to be between
R220 million and R240 million, with basic earnings expected to be between R220 million and R240 million. HEPS is
likely to be between (55)cps and (60)cps, a decrease of between 259% and 274%, with EPS expected to be between
55cps and 60cps, a decrease of between 38% and 33%.
Reported headline earnings and basic earnings for the comparative period (released on SENS on 17 February 2015)
were R138 million and R358 million respectively, while reported HEPS and EPS for the comparative period were
34.5cps and 89.3cps respectively.
The above information has not been reviewed or reported on by Aveng's independent external auditors. The Group’s
results for the six months ending 31 December 2015 will be released on SENS on 23 February 2016 when the Group
will be updating the market on its business in a presentation in Johannesburg on the same day. The presentation will
be available for all stakeholders on the Group’s website, www.aveng.co.za.
By order of the Board of Directors
Jet Park
19 February 2016
Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited
Aveng Investor Relations contact:
Annemarie Marx
Tel: (011) 290 5641
Email: annemarie.marx@avenggroup.com
Date: 19/02/2016 02:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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