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ELLIES HOLDINGS LIMITED - Trading Statement

Release Date: 14/07/2016 17:22
Code(s): ELI     PDF:  
Wrap Text
Trading Statement

ELLIES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2007/007084/06)
JSE share code: ELI ISIN: ZAE000103081
(“Ellies” 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 upon next will differ by at least 20% from the previous corresponding reporting period.

Shareholders are advised that Ellies expects that its loss per share (“LPS”) for the year ended 30 April 2016
will be between 83 and 92 cents per share, being between 10% and 0% better than the loss per share of 92 cents
for the year ended 30 April 2015. Headline loss per share (“HLPS”) for the year ended 30 April 2016 is
expected to be between 52 and 60 cents per share, being between 36% and 26% better than the headline loss per
share of 81 cents for the year ended 30 April 2015.

The above LPS comprising of a loss in the Infrastructure division of between 80 and 90 cents and a profit in the
Consumer and Property segment of between 0 and 10 cents per share.

The LPS and HLPS calculations are based on the following number of weighted average shares in issue:
   - for the year ended 30 April 2015 – 354 135 067;
   - for the year ended 30 April 2016 – 583 533 394.

Ellies’ reviewed results for the year ended 30 April 2016 are expected to be released on SENS on or about 26
July 2016.

The information on which this trading statement has been based has not been reviewed or reported on by the
company`s auditors.

14 July 2016


Sponsor
Java Capital

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