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Trading statement
SOVEREIGN FOOD INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number 1995/003990/06
JSE Code: SOV
ISIN Number: ZAE000009221
(“Sovereign” or the “Company” or the “Group”)
TRADING STATEMENT
In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they are satisfied with a reasonable degree of certainty that the
financial results of the period to be reported upon will differ by 20% or more from the financial results of
the previous corresponding period.
Sovereign shareholders are advised that for the year ended 28 February 2017 the Company expects a
loss per share and headline loss per share of between 42 cents and 54 cents (2016: earnings per share
of 108.3 cents and headline earnings per share of 108.4 cents).
Included in these results for the year ended 28 February 2017 are once-off costs incurred as a result of
the ongoing hostile defence actions that have been expensed by the Group which accounted for a
charge of 41.2 cents per share.
The Company’s auditors have not reported on or reviewed the financial information on which this trading
statement is based.
Shareholders are advised that the Company’s results for the year ended 28 February 2017 are
expected to be published on or about 12 May 2017.
Port Elizabeth
2 May 2017
Sponsor
One Capital
Date: 02/05/2017 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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