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Initial trading statement
LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
(“Labat” or “the Company”)
ISIN Code: ZAE 000018354 Share code: LAB
INITIAL TRADING STATEMENT
In terms of paragraph 3.4(b)(i) of the Listings Requirements of the Johannesburg Stock
Exchange, listed companies are required to publish a trading statement as soon as they
become reasonably certain that the financial results for the next period to be reported
on will be more than 20% different from those of the previous corresponding period or
from a profit forecast previously provided to the market in relation to such period.
Following the diversification of Labat into the logistics sector in the last quarter of 2016, it
is expected that the company will report improved results for the six months ended
28 February 2017 by more than 100% compared to the prior comparative six month
period ended 29 February 2016, moving from a loss to a profit. However, the range
cannot yet be identified.
The above information is intended to be an initial trading statement and is subject to
change once the Company is closer to finalising its results for the six months ended
28 February 2017. A further trading statement will be issued in due course.
The financial information, on which this trading statement is based, has not been
reviewed or reported on by the Company’s auditors.
Johannesburg
25 April 2017
Sponsor
Arbor Capital Sponsors Proprietary Limited
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