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AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED - Further Trading Statement

Release Date: 20/10/2016 14:40
Code(s): AEE     PDF:  
Wrap Text
Further 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”)

FURTHER TRADING STATEMENT

Shareholders are referred to the SENS announcement dated 12
October 2016 and are hereby advised that a reasonable degree
of certainty exists that the Company now expects that the
Group’s basic earnings per share for the year ended 31 August
2016 will be between 40.98 cents and 47.20 cents per share
compared to 31.12 cents in the prior year, an increase of
between 32% and 52%.

The Company further expects that the Group’s headline earnings
per share for the year ended 31 August 2016 will be between
40.38 cents and 46.24 cents per share compared to the 31.06
cents in the prior year, an increase of between 30% and 49%.

The abovementioned financial information on which this further
trading statement is based has not been reviewed or reported
on by the Company’s auditors. The annual financial results of
AEEI are expected to be released on SENS on or about 26
October 2016.

Cape Town
20 October 2016

Sponsor
PSG Capital

Date: 20/10/2016 02:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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