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Trading Statement
AFRICAN DAWN CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/020520/06)
Share code: ADW
ISIN Code: ZAE000060703
“Afdawn” or “the Company”)
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited,
companies are required to publish a trading statement as soon
as they become reasonably certain that the financial results for
the period to be reported on next will differ by more than 20%
from those of the previous corresponding period.
Shareholders are hereby advised that a reasonable degree of
certainty exists that for the six-month period ended 31 August
2017, the Company expects to report a loss and headline loss per
share of between 13.11 cents and 19.49 cents, being a reduction
in the loss and headline loss per share of between 39.9% and
58.9%, compared to the restated loss and headline loss per share
of 31.9 cents* for the six-month period ended 31 August 2016.
The information contained in this trading statement has not been
reviewed or reported on by the Company's external auditors.
Afdawn expects to release its financial results for the six
months ended 31 August 2017 on or about 30th November 2017.
*Based on a restated loss and headline loss per share considering
the share consolidation which occurred on a 40 to 1 basis,
implemented on Monday, 5 December 2016.
Johannesburg
23 November 2017
Sponsor
PSG Capital
Date: 23/11/2017 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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