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

OCEANA GROUP LIMITED - Trading Statement

Release Date: 20/10/2016 14:00
Code(s): OCE     PDF:  
Wrap Text
Trading Statement

Oceana Group Limited
Incorporated in the Republic of South Africa
(Registration number 1939/001730/06
JSE Share Code:         OCE
NSX Share Code:         OCG
ISIN Number:          ZAE000025284
("Oceana" or "the Company" or "the Group")

TRADING STATEMENT

In accordance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited,
shareholders are advised that Oceana is satisfied that a reasonable degree of certainty
exists with regard to the Company’s financial results for the year ended 30 September 2016.

Accordingly, basic earnings per share for the year ended 30 September 2016 compared to
the 30 September 2015 (“comparative period”) are expected to increase between 32% and
36%, being 775.8 cents per share to 799.3 cents per share (2015: 587.7 cents per share).

Basic headline earnings per share for the year ended 30 September 2016 are expected to
increase between 18% and 22% being 694.1 cents per share to 717.6 cents per share
(2015: 588.2 cents per share) compared to the comparative period.

The financial information on which this trading statement is based has not been reviewed
and/or reported on by the Company`s auditors.

The Company expects its results for the twelve months ended 30 September 2016 to be
released on the Stock Exchange News Service on or about Thursday, 17 November 2016.


Cape Town
20 October 2016

JSE Sponsor
The Standard Bank of South Africa Limited

Namibian Sponsor
Old Mutual Investment Services (Namibia) Proprietary Limited

Date: 20/10/2016 02:00:00 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