To view the PDF file, sign up for a MySharenet subscription.

AFRICAN AND OVERSEAS ENTERPRISES LD - Trading statement

Release Date: 07/09/2016 15:38
Code(s): AON AOO AOVP     PDF:  
Wrap Text
Trading statement

AFRICAN AND OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/027461/06)
JSE share code: AOO  ISIN: ZAE000000485
JSE share code: AON  ISIN: ZAE000009718
JSE share code: AOVP ISIN: ZAE000000493
(“AOE”)


TRADING STATEMENT


In terms of the Listing 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 current reporting period
will differ by at least 20% from the financial results for the previous corresponding period.

Accordingly, shareholders are advised that:

1.    the earnings per share for the year ended 30 June 2016 will be 37.2 cents per share, being 64.2% lower than the
      earnings of 103.8 cents per share for the year ended 30 June 2015; and

2.    headline earnings per share for the year ended 30 June 2016 will be 34.3 cents per share, being 62.0% lower
      than the headline earnings of 90.3 cents per share for the year ended 30 June 2015.

The financial results on which this trading statement is based have not been reviewed or reported on by AOE’s
auditors. The reviewed condensed consolidated preliminary financial results for AOE for the year ended 30 June 2016
will be released on SENS on 8 September 2016.

7 September 2016


Sponsor
Java Capital

Date: 07/09/2016 03:38:00 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.

Share This Story