WESIZWE PLATINUM LIMITED - Trading Statement

Release Date: 22/03/2018 16:38
Code(s): WEZ
 
Wrap Text
Trading Statement

WESIZWE PLATINUM LIMITED
Incorporated in the Republic of South Africa)
Registration number: 2003/020161/06)
JSE code: WEZ ISIN: ZAE000075859
(“the Company" or "Wesizwe")

TRADING STATEMENT

In accordance with paragraph 3.4(b) of the JSE Limited
Listings Requirements, companies are required to publish a
trading statement as soon as they become reasonably certain
that the financial results for the reporting period will
differ by more than 20% from those of the previous
corresponding period.

The Wesizwe board of directors therefore wishes to advise
shareholders that the Company expects to report basic loss per
share attributable to ordinary shareholders for the financial
year ended 31 December 2017 of between 3.93 cents and 7.65
cents per share, being between 121% and 141% lower, compared
to basic earnings per share of 18.59 cents per share for the
previous comparable period.

The Company expects to report headline earnings per share
attributable to ordinary shareholders for the financial year
ended 31 December 2017 of between 18.88 cents and 23.91 cents
per share, being between 5% and 25% lower, compared to
headline earnings per share of 25.15 cents per share for the
previous comparable period.

The financial information included in this trading statement
has not been reviewed and reported on by the Company’s
external auditors.

The Company`s results for the financial year ended 31 December
2017 will be published on or about 29 March 2018.

Johannesburg
22 March 2018

Sponsor:
PSG Capital Proprietary Limited

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