SOVEREIGN FOOD INVESTMENTS LIMITED - Trading statement

Release Date: 03/10/2017 16:46
Code(s): SOV
 
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Trading statement

SOVEREIGN FOOD INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number 1995/003990/06
JSE Code: SOV
ISIN: ZAE000009221
(“Sovereign” or the “Company”)

TRADING STATEMENT

In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they are satisfied with a reasonable degree of certainty that
the financial results of the period to be reported upon will differ by 20% or more from the financial
results of the previous corresponding period.

Sovereign shareholders are advised that the Company’s earnings per share (“EPS”) and headline
earnings per share (“HEPS”) for the 6 months ended 31 August 2017 are expected to be a least 204.8
cents higher than the loss per share and headline loss per share of 48.8 cents for the previous
corresponding period, resulting in a minimum EPS and HEPS of 156.0 cents.

Once the Company has more certainty in regard to the expected EPS and HEPS, a further trading
statement will be published on SENS.

The Company’s auditors have not reviewed or reported on the financial information on which this
trading statement is based.

Port Elizabeth
3 October 2017

Sponsor
One Capital

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