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SABVEST LIMITED - Further trading statement

Release Date: 28/02/2018 14:44
Code(s): SBV SVN     PDF:  
Wrap Text
Further trading statement

SABVEST LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1987/003753/06
ISIN: ZAE000006417 Ordinary shares
ISIN: ZAE000012043 N Ordinary shares
("Sabvest")

Further Trading Statement

Further to the trading statement issued on the Stock Exchange News Service ("SENS")
on 2 January 2018, shareholders are advised that the financial results of Sabvest for the
twelve months ended 31 December 2017 are expected to be within the following
estimates:



                          Expected 12 months     Expected 12 months   Audited 12 months
                              to 31 December         to 31 December      to 31 December
                                        2017                   2017                2016

                                  % increase                  cents               cents

 Net asset value per        +34.9% to +37.3%         5 030 to 5 120               3 728
 share

 Headline earnings per                >100%          1 500 to 1 520               119,7
 share

 Earnings per share                   >100%          1 500 to 1 520               119,7


The estimate financial information contained in this trading statement has not been
reviewed and reported on by Sabvest’s external auditors. The Company’s audited
financial results for the year ending 31 December 2017 are expected to be released on
SENS in the first week of March 2018.


Sandton
28 February 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 28/02/2018 02:44:00 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.

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