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SEA HARVEST GROUP LIMITED - Trading statement

Release Date: 08/08/2017 14:05
Code(s): SHG     PDF:  
Wrap Text
Trading statement

Sea Harvest Group Limited
(Formerly Sea Harvest Holdings Proprietary Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2008/001066/06)
Share code: SHG ISIN: ZAE000240198
(“Sea Harvest” or “the Company”)


Trading statement


Further to the listing of Sea Harvest on the JSE Limited on 23 March 2017, the Company is in the
process of finalising its maiden interim financial results for the six months ended 30 June 2017 which is
scheduled to be released on or about 23 August 2017.

Shareholders are advised that the Company expects to report earnings per share of between 62 and
69 cents and headline earnings per share of between 53 and 60 cents. As Sea Harvest was previously
unlisted, no comparative information has previously been reported.

The above is based on the weighted average number of shares in issue (“WANOS”) during the six
month period ended 30 June 2017 of 195,379,525. It is important to note that, amongst other
movements in share capital, the Company issued 101,933,269 ordinary shares (excluding treasury
shares) upon its listing on the JSE and therefore these shares were only included in the calculation of
the WANOS for 99 days of the reporting period. The total number of shares in issue as at 30 June 2017
(excluding treasury shares) was 239,973,603.

The financial information on which this trading statement has been based has neither been reviewed
nor audited by the Company’s external auditors.


Cape Town
Tuesday, 8 August 2017

Sponsor
The Standard Bank of South Africa Limited

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