To view the PDF file, sign up for a MySharenet subscription.

W G WEARNE LIMITED - Trading Statement

Release Date: 13/11/2017 10:30
Code(s): WEA     PDF:  
Wrap Text
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”)


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 advised that Wearne is currently in the process of finalising its results for the
the six months ended 31 August 2017.

It is anticipated, with a reasonable degree of certainty, that Wearne will reflect a basic earnings
per share of between 1.0 cent and 1.5 cents per share (basic loss of 1.82 cents per share for the
six months ended 31 August 2016) which equates to an improvement of more than 100%.

It is also anticipated, with a reasonable degree of certainty, that Wearne will reflect a headline
earnings per share of between 0 cent and 1 cent (headline loss of 1.91 cents per share for the six
months 31 August 2016) which equates to an improvement 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 six months ended 31 August 2017 are expected to be
released at the end of November 2017.


13 November 2017
Randburg

Designated Advisor
Exchange Sponsors

Date: 13/11/2017 10:30:00 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.

Share This Story