BRAINWORKS LIMITED - Trading statement for the six months ended 30 June 2018

Release Date: 03/09/2018 15:33
Code(s): BWZ
 
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Trading statement for the six months ended 30 June 2018

 Brainworks Limited
(Incorporated in the Republic of Mauritius)
(Registration number: 115883 C1/GBL)
Share Code: BWZ ISIN: MU0548S00000
(“the Company” or “Brainworks”)

Trading statement for the six months ended 30 June 2018

In compliance with paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a listed company is
required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists
that the financial results for the next period to be reported on will differ by at least 20% from those of the
previous corresponding period.

Shareholders are hereby advised that, for the six months ended 30 June 2018, when compared to the six
months ended 30 June 2017 (“HY2017”):
    •   earnings per share of the Company is expected to be 7.41 US cents per share being an increase
        of 14.40 US cents per share from the loss per share of 6.99 US cents reported for HY2017; and
    •   headline loss per share is expected to be 0.63 US cents per share, being an improvement of 6.38
        US cents per share (91.01%) from the headline loss per share of 7.01 US cents reported for
        HY2017.

The estimated financial information contained in this announcement has not been audited, reviewed or
reported upon by the Company’s external auditors.

Brainworks’ results for the six months ended 30 June 2018 are expected to be released on or about
7 September 2018.


Ebène, Mauritius
3 September 2018

Sponsor
Questco Corporate Advisory Proprietary Limited

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