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GOLD BRANDS INVESTMENTS LIMITED - Trading Statement

Release Date: 17/06/2016 08:32
Code(s): GBI     PDF:  
Wrap Text
Trading Statement

GOLD BRANDS INVESTMENTS LIMITED
Incorporated in the Republic of South Africa
Registration Number: 2015/168426/06
Share code on the JSE: GBI
ISIN: ZAE 000212791
(“Gold Brands” 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 on will differ by 20% or more from those of the
profit forecast.

Shareholders are advised that Gold Brands expects basic and headline earnings per share for the
financial year ended 29 February 2016 to be between 10,10 and 10,40 cents per share, which is
between 25,9% and 29,7% higher than the 8,02 cents per share as forecast in the Pre-Listing
statement of the Company published on 5 February 2016.

The reason for the difference is due to the effect of weighting of the shares issued throughout the
year and prior to listing on the calculation of basic and headline earnings per share.

The financial information on which this trading statement is based has not been reviewed or
audited by the Company`s external auditors, Nexia SAB&T.

The groups provisional reviewed condensed group financial results for the year ended 29
February 2016 are expected to be published on SENS on 17 June 2016.

Johannesburg
17 June 2016
Sponsor and Corporate Advisor
River Group

Date: 17/06/2016 08:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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