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PURPLE GROUP LIMITED - Trading Statement For The Year Ended 31 August 2018

Release Date: 27/11/2018 13:34
Code(s): PPE     PDF:  
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Trading Statement For The Year Ended 31 August 2018

Purple Group Limited

(Incorporated in the Republic of South Africa)

(Registration number 1998/013637/06)

Share code: PPE ISIN: ZAE000185526

(“Purple Group” or “the Company”)

TRADING STATEMENT FOR THE YEAR ENDED 31 AUGUST 2018

In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to publish a trading
statement as soon as the issuer and its directors are satisfied that there is a reasonable degree of certainty that the
financial results for the next reporting period will differ by at least 20% from those of the previous corresponding
period.


Shareholders are accordingly advised that for the year ended 31 August 2018, the directors of Purple Group
anticipate an improved basic loss per share and headline loss per share of between 2.79 cents to 3.08 cents,
compared to a basic loss per share and headline loss per share of 6.42 cents, representing a decrease in the basic
loss and headline loss per share of between 56.5% and 52.02%, reported in the previous corresponding 12 month
period. The loss has therefore been reduced by between R32.5 million and R29.9 million for the year compared to
the previous corresponding period.


The information above has not been reviewed or reported on by the Company’s auditors.


The Company’s results for the 12 months ended 31 August 2018 are expected to be published on SENS on or about
30 November 2018.


Johannesburg
27 November 2018
Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 27/11/2018 01:34:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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