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PUTPROP LIMITED - Trading Statement

Release Date: 01/03/2016 12:00
Code(s): PPR     PDF:  
Wrap Text
PUTPROP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1988/001085/06)
Share code: PPR ISIN: ZAE000072310
('Putprop' or 'the Company')


TRADING STATEMENT



In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period.
Accordingly, a review of the interim financial results for the six months ended 31 December 2015 by management has indicated that:
- the earnings per share ('EPS') is expected to be between 32.17 cents and 44.67 cents, reflecting a decrease of between 28.51% and 48.51% compared to the EPS of 62.48 cents for the six months ended 31 December 2014.
- the headline earnings per share ('HEPS') is expected to be between 29.59 cents and 38.21 cents, reflecting a decrease of between 11.35% and 31.35% compared to the HEPS of 43.10 cents for the six months ended 31 December 2014.
The financial information on which this trading statement is based has not been reviewed or reported on by Putprop's auditors. Putprop's interim financial results are expected to be released on SENS on or about 3 March 2016. Johannesburg 1 March 2016 Sponsor Merchantec Capital
Date: 01/03/2016 12:00:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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