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BRIKOR LIMITED - Trading statement

Release Date: 28/11/2016 12:08
Code(s): BIK     PDF:  
Wrap Text
Trading statement

BRIKOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/013247/06)
(JSE code: BIK ISIN: ZAE000101945)
(“Brikor” or “the company”)

TRADING STATEMENT

In terms of section 3.4(b) of the Listings Requirements of the JSE, 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 period will differ by at least 20% from the financial results
for the previous corresponding period.

Shareholders are advised that Brikor is currently in the process of finalizing its results for the year
ended 29 February 2016. It is anticipated, with a reasonable degree of certainty that Brikor will
reflect:
     - basic earnings per share of between 5.0 and 5.5 cents (basic earnings of 1.5 cents per
         share for the year ended 28 February 2015) which equates to more than a 100%
         improvement.
     - headline earnings per share of between 5.2 and 5.8 cents (headline earnings of 2.7 cents
         per share for the year ended 28 February 2015) which equates to more than a 100%
         improvement.

It is expected that the results for the years ended 29 February 2016 will be released on SENS by
30 November 2016.

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


28 November 2016
Nigel

Designated Advisor
Exchange Sponsors

Date: 28/11/2016 12:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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