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BRIMSTONE INVESTMENT CORPORATION LIMITED - Trading Statement

Release Date: 02/02/2017 07:25
Code(s): BRT BRN     PDF:  
Wrap Text
Trading Statement

Brimstone Investment Corporation Limited
(Registration number 1995/010442/06)
(Incorporated in the Republic of South Africa)
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN
(“Brimstone” or the “Company”)


Trading statement

In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement
as soon as they are reasonably certain that the financial results for the current reporting period will be more
than 20% different than that of the prior comparative period.

Further to the above, Brimstone expects to report earnings per share and headline earnings per share for
the year ended 31 December 2016 compared to a loss per share and headline loss per share of 284.8
cents and 295.3 cents respectively for the prior comparative period, being the year ended 31 December
2015. This profit would represent an increase of at least 100% compared to the loss incurred in the prior
comparative period.

Once the Company has clarity on the actual range of the increase, a further trading statement will be
released on SENS.

Shareholders are advised that the above information has not been reviewed or reported on by the
Company’s auditors and that the Company’s results for the year ended 31 December 2016 are expected
to be published on or about 27 February 2017.


2 February 2017
Cape Town

Investment bank and sponsor
Nedbank Corporate and Investment Banking

Date: 02/02/2017 07:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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