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AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED - Trading Statement

Release Date: 12/10/2016 14:00
Code(s): AEE     PDF:  
Wrap Text
Trading Statement

African Equity Empowerment Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/006093/06
Share code: AEE
ISIN: ZAE0000195731
("AEEI" or “the Company”)

TRADING STATEMENT

In terms of paragraph 3.4(b)(i) of the Listings Requirements
of the JSE Limited, a listed company is required to report to
shareholders as soon as it is satisfied that a reasonable
degree of certainty exists that its financial results for the
current reporting period is expected to differ by 20% or more
when compared to the prior comparable reporting period.

In terms of this requirement, the Company hereby advises
shareholders that the Group’s earnings per share and headline
earnings per share for the year ending 31 August 2016, are
expected to increase by more than 35%, when compared to the
prior financial year ended 31 August 2015.

The abovementioned financial information, on which this
trading statement is based, has not been reviewed or reported
on by the Company’s external auditors.

The annual financial results of AEEI will be released on or
about 26 October 2016.

Cape Town
12 October 2016

Sponsor
PSG Capital

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