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

BRIMSTONE INVESTMENT CORPORATION LIMITED - Trading statement

Release Date: 05/03/2018 15:19
Code(s): BRT BRN     PDF:  
Wrap Text
Trading statement

Brimstone Investment Corporation Limited
(Registration number 1995/010442/06)
(Incorporated in the Republic of South Africa)
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN
(“Brimstone” or the “Company”)


Trading statement

In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement
as soon as they are reasonably certain that the financial results for the current reporting period will be
more than 20% different than that of the prior comparative period.

For the year ended 31 December 2017, Brimstone expects to report:

    -   basic earnings per share of between 17.4 cents to 20.8 cents compared to basic earnings per
        share of 70.9 cents reported for the year ended 31 December 2016 (a decrease of between 71%
        and 75%); and

    -   basic headline earnings per share of between 10.2 cents to 12.2 cents compared to basic
        headline earnings per share of 48.0 cents reported for the year ended 31 December 2016 (a
        decrease of between 75% and 79%).

Shareholders are advised that the financial information on which this trading statement is based has not
been reviewed or reported on by the Company’s auditors. Brimstone’s results for the year ended 31
December 2017 will be released on SENS on or about 6 March 2018.


5 March 2018
Cape Town

Investment bank and sponsor
Nedbank Corporate and Investment Banking

Date: 05/03/2018 03:19:00 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