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ELLIES HOLDINGS LIMITED - Trading Statement

Release Date: 28/12/2016 07:30
Code(s): ELI     PDF:  
Wrap Text
Trading Statement

ELLIES HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2007/007084/06)
JSE share code: ELI ISIN: ZAE000103081
(“Ellies” or the “company”)


TRADING STATEMENT


In terms of the Listings Requirements of the JSE Limited, 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 to be reported upon next will differ by at least 20% from the previous corresponding period.

Shareholders are advised that Ellies expects that its loss per share (“LPS”) for the six months ended
31 October 2016 will be between 30 and 35 cents per share, compared to the loss per share of 1.56 cents for
the six months ended 31 October 2015. Headline loss per share (“HLPS”) for the six months ended
31 October 2016 is expected to be between 9 and 14 cents per share, compared to the headline loss per
share of 1.02 cents for the six months ended 31 October 2015.

The above LPS is made up of a loss in the Infrastructure segment of between 0 and 5 cents per share, a loss
in the Consumer and Property segment of between 0 and 5 cents per share and a loss in the Holding
Company segment (deconsolidation effects and where the group assumes liabilities for group guarantees) of
between 20 and 30 cents per share.

The LPS and HLPS calculations are based on the following number of weighted average shares in issue:
   - for the year ended 31 October 2015 – 583 533 394;
   - for the year ended 31 October 2016 – 620 158 235.

Ellies interim results for the six months ended 31 October 2016 are expected to be released on SENS on or
about 30 December 2016.

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

28 December 2016


Sponsor

Java Capital

Date: 28/12/2016 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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