BSI STEEL LIMITED - Trading statement

Trading statement

BSI Steel Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/023164/06)
JSE code: BSS
ISIN: ZAE000125134
("the company")


TRADING STATEMENT
In   compliance     with   paragraph   3.4(b) of     the   JSE   Limited   Listings
Requirements, shareholders are advised of the following:


-    basic earnings per share for the six month period ended 30 September
     2016 is expected to be between 4.1 cents and 4.4 cents reflecting an
     increase of between 41.4% and 51.7% in comparison to 2.9 cents
     reported in the previous published period; and
-    headline earnings per share for the six month period ended 30 September
     2016 is expected to be between 4.0 cents and 4.4 cents reflecting an
     increase of between 14.3% and 25.7% in comparison to 3.5 cents
     reported in the previous published period.


The information in this trading statement has not been reviewed or reported
on by the company’s auditors.


Shareholders are advised that the results for the six month period ended
30 September 2016 will be published before the end of November 2016.


Johannesburg
25 October 2016


Designated Advisor
Sasfin Capital (a division of Sasfin Bank Limited)

Date: 25/10/2016 04:59:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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