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GRAND PARADE INVESTMENTS LIMITED - Trading Statement

Release Date: 05/09/2016 17:25
Code(s): GPL     PDF:  
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Trading Statement

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)

TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, a
listed company is required to publish a trading statement as
soon as it becomes aware that the financial results for the
financial period to be reported on next will vary by 20% or
more from those of the previous comparable period.

GPI hereby advises that a reasonable degree of certainty exists
that:

    (i)   basic earnings per share will be between 35.68 and
          49.95 cents per share, which equates to a decrease of
          between 65% and 75% for the period ended 30 June 2016
          compared to the previous period ended 30 June 2015;

   (ii)   basic earnings per share from continuing operations,
          which is included in the basic earnings per share,
          will be between 42.37 and 43.39 cents per share,
          which equates to an increase of between 515% and 525%
          for the period ended 30 June 2016 compared to the
          previous period ended 30 June 2015;

  (iii)   headline earnings per share will be between 1.58 and
          2.63 cents per share, which equates to a decrease of
          between 75% and 85% for the period ended 30 June 2016
          compared to the previous period ended 30 June 2015;
          and

   (iv)   headline earnings per share from continuing
          operations, which is included in the headline
          earnings per share, will be between 1.53 and 2.54
          cents per share, which equates to an increase of
          between 115% and 125% for the period ended 30 June
          2016 compared to the previous period ended 30 June
          2015.

The financial information on which this trading statement is
based has not been reviewed and reported on by GPI’s external
auditors. The financial results for the period ended 30 June
2016 will be published on or about 12 September 2016.

Cape Town
05 September 2016

Sponsor and corporate advisor:
PSG Capital

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