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PBT GROUP LIMITED - Trading statement

Release Date: 21/06/2019 15:24
Code(s): PBG     PDF:  
Wrap Text
Trading statement

PBT Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1936/008278/06)
JSE Share code: PBG ISIN: ZAE000256319
("PBT Group" or “the Company”)

TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2019


In terms of paragraph 3.4 of the JSE Listings Requirements, companies are required to publish a trading
statement as soon as they are satisfied with a reasonable degree of certainty that the financial results of the
period to be reported upon will differ by 20% or more from the financial results of the previous corresponding
period.

Shareholders of the PBT Group (“Shareholders”) are advised that the Company is currently finalising its results
for the year ended 31 March 2019.


Results from continuing operations are expected to be as follows:


                               For the year ended 31        For the year ended 31
                                    March 2019                   March 2018 1

 Continuing operations


 Earnings per share           Between 18.5 cents per       (97.28) cents per share
                              share and 17.0 cents per
                              share

 Headline   earnings    per   Between 18.7 cents per       (13.50) cents per share
 share                        share and 17.2 cents per
                              share



Results from discontinued operations will be as follows:


                               For the year ended 31        For the year ended 31
                                    March 2019                   March 2018 *

 Discontinued operations

 Earnings per share           7.35 cents per share         (28.20) cents per share



 Headline    earnings   per   0.99 cents per share         (1.99) cents per share
 share

* The earnings per share and headline earnings per share have been amended for the share consolidation
that took place on 2 November 2018 in order to be comparable to the current year.

•    Consolidation of the Company’s authorised and issued share capital on a 1-for-10 basis.
•    Successful exit of the Middle-East/Africa (MEA) operations of the business.
•    Increased expansion into Europe.


The financial results on which this trading statement is based have not been reviewed or reported on
by the Company’s external auditors.


The year-end results are scheduled to be published on or about 28 June 2019.


By order of the board of directors.


Cape Town
21 June 2019
Sponsor: Sasfin Capital Proprietary Limited

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