ADRENNA PROPERTY GROUP LIMITED - Trading Statement

Trading Statement

ADRENNA PROPERTY GROUP LIMITED
(Registration Number 1998/012245/06)
Share code: ANA ISIN:ZAE000163580
(“the Group” or “Adrenna” )


TRADING STATEMENT


In terms of paragraph 3.4(b) of the Johannesburg Stock Exchange’s Listings
Requirements, a listed company is required to publish a trading statement as
soon as it is satisfied that a reasonable degree of certainty exists that the
financial results for the period to be reported on next will differ by at least 20%
from those of the previous corresponding period.

Shareholders are advised that the Group’s headline earnings per share (“HEPS”)
for the year ended 29 February 2016 are expected to be between 70% and 80%
higher (11.39 and 12.06 cents per share) and basic earnings per share (“EPS”) are
expected to be between 0% and 10% higher (12.9 and 14.19 cents per share)
than the HEPS of 6.7 cents per share and the EPS of 12.9 cents per share reported
for the previous financial year ended 28 February 2015.

The audited annual financial statements and consolidated annual financial
statements for the year ended 29 February 2016 will be distributed to
shareholders before the end of May 2016. The abridged financial statements in
respect of the year ended 29 February 2016 will be released on SENS
simultaneously with the distribution of the audited annual financial statements.

This trading statement and the forecast financial information contained therein
has not been reviewed and reported on by the Group’s external auditors.

Johannesburg
6 May 2016

Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 06/05/2016 04:00:00 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.