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AFRIMAT LIMITED - Further trading statement for the period ended 31 August 2019

Release Date: 30/09/2019 15:40
Code(s): AFT     PDF:  
Wrap Text
Further trading statement for the period ended 31 August 2019

Afrimat Limited
Incorporated in the Republic of South Africa
(Registration number: 2006/022534/06)
Share code: AFT ISIN: ZAE000086302
(“Afrimat” or “the Company”)

FURTHER TRADING STATEMENT FOR THE PERIOD ENDED 31 AUGUST 2019

Further to the trading statement released on SENS on 18 September 2019, management is satisfied
that there is a higher degree of certainty in the financial results for the period ending 31 August 2019.

Afrimat therefore wish to advise that earnings per share (“EPS”) for the period ended 31 August 2019
is expected to be between 182.0 cents and 186.8 cents per share, being an increase of between 91%
and 96% compared to the earnings of 95,3 cents per share reported by Afrimat for the period ended
31 August 2018 and that headline earnings per share (“HEPS”) for the period ended 31 August 2019 is
expected to be between 179.7 cents and 184.4 cents per share, being an increase of between 92%
and 97% compared to the headline earnings of 93,6 cents per share reported by Afrimat for the period
ended 31 August 2018.

The information on which this further trading statement has been based has not been reviewed nor
reported on by the Company’s auditors. The financial results for period ended 31 August 2019 are
expected to be published on or about 31 October 2019.

By order of the board of directors of the Company

Cape Town
30 September 2019
Sponsor: Bridge Capital Advisors Proprietary Limited

Date: 30/09/2019 03:40:00
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