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Trading Statement
African Equity Empowerment Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/006093/06
Share code: AEE
ISIN: ZAE000195731
("AEEI" or “the Company”)
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, a
listed company is required to publish a trading statement as
soon as it is satisfied that a reasonable degree of certainty
exists that its financial results for the current reporting
period will differ by 20% or more compared to the same period
in the prior year.
Shareholders are hereby advised that a reasonable degree of
certainty exists that the earnings per share and headline
earnings per share of the Company for the six-month period ended
28 February 2017, will be at least 50% higher than reported in
the previous corresponding period.
Accordingly, earnings per share is expected to be at least 7.02
cents per share higher than the 14.04 cents per share reported
for the previous corresponding period. Headline earnings per
share is expected to be at least 7.02 cents per share higher
than the 14.02 cents per share reported for the previous
corresponding period.
Shareholders are advised that a further trading statement will
be issued as soon as there is a reasonable degree of certainty
as to the likely range within which the Company’s earnings per
share and headline earnings per share is expected to increase.
The abovementioned financial information on which this trading
statement is based has not been reviewed or reported on by the
Company’s auditors. The interim financial results of AEEI are
expected to be released on SENS on or about 11 May 2017.
Cape Town
24 April 2017
Sponsor
PSG Capital
Date: 24/04/2017 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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