W G WEARNE LIMITED - Revised Trading Statement

Revised Trading Statement

W G WEARNE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005983/06)
(Share Code: WEA ISIN Code: ZAE000078002)
(“Wearne” or “the Company”)


Revised Trading Statement

In terms of paragraph 3.4 (b) of the JSE Limited (“JSE”) Listings Requirements, companies are
required to publish a trading statement as soon as a reasonable degree of certainy exists that the
financial results for the period to be reported on will differ by more than 20% from the previous
corresponding period.

Shareholders are referred to the trading statement released on Sens on 29 June 2017.

Shareholders are advised that Wearne is currently in the process of finalising its results for the
the year ended 28 February 2017 and want to update the market with a revised trading
statement.

It is anticipated, with a reasonable degree of certainty, that Wearne will reflect a basic loss per
share of between 9.5 cents and 10.6 cents per share (basic loss of 6.52 cents per share for the
year ended 29 February 2016) which equates to a decline in the loss per share of between 46%
and 63%.

It is also anticipated, with a reasonable degree of certainty, that Wearne will reflect a headline
loss per share of between 16.0 cents and 17.0 cents (headline loss of 6.95 cents per share for
year ended 29 February 2016) which equates to a decline of more than 100%.

The financial information on which this trading statement is based has not been reviewed by
Wearne’s auditors.

The Company’s financial results for the year ended 28 February 2017 are expected to be
released on 30 June 2017.


30 June 2017
Randburg

Designated Advisor
Exchange Sponsors

Date: 30/06/2017 12:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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