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GROUP FIVE LIMITED - Trading statement

Release Date: 07/06/2016 10:07
Code(s): GRF     PDF:  
Wrap Text
Trading statement

Group Five Limited
(Registration number: 1969/000032/06)
(Incorporated in the Republic of South Africa)
Share Code: GRF       ISIN Code: ZAE 000027405
("Group Five")

Trading statement

In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement
as soon as they are reasonably certain that the financial results for the current reporting period will be more
than 20% different from those of the prior comparative period.

Further to the above, Group Five expects earnings per share and headline earnings per share for the year
ended 30 June 2016 to increase by more than 20%, mainly due to larger than usual fair value upwards
adjustments on its service concessions based in Eastern Europe following improved expected future cash flows
from these service concessions, supplemented by foreign currency gains.

The prior comparative period, being the year ended 30 June 2015, reflected earnings per share of 222
cents and headline earnings per share of 205 cents respectively.

Once the Company has certainty on the actual range of the increase, a further trading statement will be
released on SENS.

The group’s final results are expected to be released on 15 August 2016.

Shareholders are advised that the above information has not been reviewed or reported on by the
Company’s auditors.


07 June 2016

Sponsor
Nedbank Corporate and Investment Banking

Date: 07/06/2016 10:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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