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Trading Statement
African Equity Empowerment Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 1996/006093/06
Share code: AEE
ISIN: ZAE000195731
("AEEI" or “the Group”)
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, a
listed company is required to publish a trading statement as
soon as it is satisfied that a reasonable degree of certainty
exists that its financial results for the current reporting
period will differ by 20% or more compared to the same period
in the prior year.
AEEI shareholders are hereby advised that it is expected that
the Group’s basic earnings per share for the year ended 31 August
2017 will be between 92.69 cents to 101.51 cents per share
compared to the 44.09 cents in the prior year, an increase of
between 110% and 130%.
Shareholders are further advised that it is expected that the
Group’s headline earnings per share for the year ended 31 August
2017 will be between 90.58 cents to 99.20 cents compared to
43.13 cents in the prior year, being an increase of between 110%
and 130%.
The abovementioned financial information on which this trading
statement is based has not been reviewed or reported on by the
Company’s auditors. The annual financial results of AEEI are
expected to be released on SENS on or about 7 November 2017.
Cape Town
25 October 2017
Sponsor
PSG Capital
Date: 25/10/2017 02:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
