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SABVEST LIMITED - Trading statement

Release Date: 26/07/2017 13:27
Code(s): SBV SVN     PDF:  
Wrap Text
Trading statement

SABVEST LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1987/003753/06
Ordinary share code: SBV and ISIN: ZAE000006417
N Ordinary share code: SVN and ISIN: ZAE000012043
(“Sabvest”)


TRADING STATEMENT

Shareholders are advised that the unaudited results of Sabvest for the six months
ended 30 June 2017 are expected to be within the following estimates:

                                    Expected       Expected      Reported      Audited
                                 6 Months to    6 Months to   6 Months to    12 Months
                                  30/06/2017     30/06/2017    30/06/2016           to
                                  % Increase          cents         cents   31/12/2016
                                                                                 cents

 Net asset value per share           8 to 11   3650 to 3750          3395         3646
 Dividends per share                    13,0             26            23           55
 Headline earnings per                  >100     112 to 125         (279)          9,2
 share
 Earnings per share                     >100     112 to 125         (279)          9,2


The financial information contained in this trading statement has not been reviewed
and reported on by Sabvest’s external auditors. Unaudited results for the six months
ended 30 June 2017 are expected to be released on SENS at or about the end of July
2017.



Sandton
26 July 2017

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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