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Trading statement: year ended 31 March 2017
Brait SE
(Registered in Malta as a European Company)
(Registration No.SE1)
Share code: BAT ISIN: LU0011857645
Bond Code: WKN: A1Z6XC ISIN: XS1292954812
(“Brait” or “the Company”)
TRADING STATEMENT: YEAR ENDED 31 MARCH 2017
Shareholders of the Company are advised that:
Brait’s reported Net Asset Value ("NAV") per share for the financial year
ended 31 March 2017 is anticipated to be between ZAR77.00 and ZAR79.00
(EUR5.37 and EUR5.52).
With reference to 31 December 2016, which is Brait's most recently reported
NAV per share, of ZAR 82.45, this represents a decrease of between 4.1% and
6.7% (in Euros, between 3.1% and 5.8% from EUR5.70).
With regards to the full financial year, NAV per share of ZAR77.00 to
ZAR79.00 is a reduction of between 42.0% and 43.5% from the ZAR136.27
reported at 31 March 2016 (in Euros, between 32.0% and 33.9% from EUR8.12).
The financial information on which this trading statement is based has not
been reviewed and reported on by the Company’s external auditors. The
31 March 2017 financial results of the Company are currently being prepared
and are expected to be released on the website of the Luxembourg Stock
Exchange and the Stock Exchange News Service of the JSE Limited on or about
13 June 2017.
Malta
26 May 2017
The Company’s primary listing is on the Euro MTF market of the Luxembourg
Stock Exchange and its secondary listing is on the Johannesburg Stock
Exchange.
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 26/05/2017 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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