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AFRICAN EQUITY EMPOWERMENT INVESTMENTS LIMITED - Further Trading Statement

Release Date: 08/05/2017 15:15
Code(s): AEE     PDF:  
Wrap Text
Further 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”)

FURTHER TRADING STATEMENT

Shareholders are referred to the SENS announcement dated 24
April 2017 and are hereby advised that a reasonable degree of
certainty exists that the Company now expects that the Group’s
basic earnings per share for the six-month period ended 28
February 2017 will be between 28.08 cents and 30.88 cents per
share, compared to 14.04 cents in the prior corresponding
period, representing an increase of between 100% and 120%.

The Company further expects that the Group’s headline earnings
per share for the six-month period ended 28 February 2017 will
be between 28.13 cents and 30.93 cents per share, compared to
the 14.02 cents in the prior corresponding period,
representing an increase of between 101% and 121%.

The abovementioned financial information on which this further
trading statement is based has not been reviewed or reported
on by the Company’s auditors. The interim unaudited financial
results for the six-month period of AEEI is expected to be
released on SENS on or about 11 May 2017.

Cape Town
8 May 2017

Sponsor
PSG Capital

Date: 08/05/2017 03:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
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