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GRAND PARADE INVESTMENTS LIMITED - Trading Statement

Release Date: 11/09/2019 12:08
Code(s): GPL     PDF:  
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Trading Statement

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)


TRADING STATEMENT

In terms of the JSE Limited Listings Requirements, a listed company is required to publish a
trading statement as soon as it becomes aware that the financial results for the financial
period to be reported on next will vary by 20% or more from those of the previous comparable
period.

GPI hereby advises that a reasonable degree of certainty exists that in respect of the year
ended 30 June 2019:

•     basic loss per share will be between 7.21 and 9.55 cents per share, which equates
      to an improvement of between 18% and 38% when compared to the basic loss per
      share of 11.66 cents reported for the comparable period ended 30 June 2018.

•     headline earnings per share will be between 7.97 and 10.21 cents per share, which
      equates to an increase of between 171% and 191% when compared to the headline
      loss per share of 11.18 cents reported for the comparable period ended 30 June
      2018.

The financial information on which this trading statement is based has not been reviewed or
reported on by GPI’s external auditors. The financial results for the period ended 30 June
2019 will be published on or about 20 September 2019.

Cape Town
11 September 2019

Sponsor and corporate advisor:
PSG Capital

Date: 11/09/2019 12:08:00
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