SOUTH OCEAN HOLDINGS LIMITED - Trading Statement

Release Date: 01/08/2018 17:44
Code(s): SOH
 
Wrap Text
Trading Statement

South Ocean Holdings Limited
(Registration number 2007/002381/06)
Incorporated in the Republic of South Africa
(“South Ocean Holdings”, “the Group”)
Share code: SOH     ISIN: ZAE000092748

TRADING STATEMENT


In terms of paragraph 3.4(b)(i) of the Listings Requirements of the Johannesburg Stock Exchange
(“JSE”), listed companies are required to publish a trading statement as soon they become
reasonably certain that the financial results for the period to be reported on will differ by at least
20% from those of the previous corresponding period. Shareholders are advised that:

-   The loss per share for the interim period ended 30 June 2018 is expected to be between 5.7 cents
    and 7.6 cents per share, reflecting an improvement of between 61% and 71%, when compared
    to the loss of 19.5 cents per share reported for the prior period ended 30 June 2017 interim period;
    and

-   The headline loss per share for the interim period ended 30 June 2018 is expected to be between
    0.2 cents and 1.2 cents per share reflecting an improvement of between 88% and 98% when
    compared to the loss per share of 10.2 cents per share reported for the prior period ended 30
    June 2017.

The financial information on which this trading statement is based has not been reviewed and
reported on by the Company’s auditors. The Company expects its results for the period ended
30 June 2018 to be released on SENS on or about 8 August 2018.

Johannesburg
1 August 2018

Sponsor
Arbor Capital Sponsors Proprietary Limited

Date: 01/08/2018 05:44:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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