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LONG4LIFE LIMITED - Trading Statement

Release Date: 28/03/2018 09:10
Code(s): L4L     PDF:  
Wrap Text
Trading Statement

LONG4LIFE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2016/216015/06)
Share code: L4L
ISIN: ZAE000243119
(“Long4Life” or “the Company”)


TRADING STATEMENT


Long4Life is in the process of finalising its financial results for the eleven months ended 28 February
2018, following a change in the Company’s financial year end from March to February. These will
be the Company’s maiden year end results subsequent to listing on the JSE Limited (“JSE”) on 7
April 2017.

Shareholders are advised that the Company expects to report earnings per share (“EPS”) and
headline earnings per share (“HEPS”) of between 28 and 31 cents for the eleven months to 28
February 2018. The EPS and HEPS calculations are based on a weighted number of shares of
564,091,841 in issue during this period. Since Long4Life was for all intents and purposes dormant
at its previous year end of 31 March 2017 (prior to listing on the JSE), it is neither practical nor
meaningful to indicate percentage changes in EPS or HEPS.

Shareholders are reminded that the acquisitions of Holdsport Limited, Sorbet Holdings (Pty) Limited,
and Inhle Beverages (Pty) Limited, respectively, became unconditional on or about 31 October 2017.
Accordingly, the financial results for the eleven months ended 28 February 2018 incorporate finance
income earned on cash balances (net of expenses) and only four months of trading from these acquired
companies. The acquisition of Chill Holdings (Pty) Limited became unconditional subsequent to 28
February 2018 and thus none of its trading results are included herein.

The Company expects to release its financial results for the period in question on or about 9 May
2018.

The financial information on which this trading statement has been based, has neither been
reviewed nor audited by the Company’s external auditors.


Johannesburg
28 March 2018

Sponsor
The Standard Bank of South Africa Limited

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