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BRIKOR LIMITED - Trading update

Release Date: 10/10/2019 09:13
Code(s): BIK     PDF:  
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Trading update

BRIKOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1998/013247/06)
(Share Code: BIK ISIN Code: ZAE000101945)
(“Brikor” or “the Company” or “the group’’)


Trading update

In terms of paragraph 3.4 (b) of the JSE Limited (“JSE”) Listings Requirements, companies are required to
publish a trading statement as soon as a reasonable degree of certainty exists that the financial results for
the period to be reported on will differ by at least 20% from the previous corresponding period.

A review by management of the financial results for the six-month period ended 31 August 2019 has
indicated, with a reasonable degree of certainty, that earnings per share (“EPS”) of Brikor is expected to be
between 1.6 cents and 1.9 cents compared to that of the previous corresponding period which reported EPS
of 1.2 cents per share for the six-month period ended 31 August 2018. This equates to an increase in EPS of
between 33.34% and 58.34% when compared to the previous reporting period.

Headline earnings per share (“HEPS”) is expected to be between 1.3 cents and 1.6 cents compared to the
previous corresponding period which reported HEPS of 0.4 cents per share for the six-month period ended
31 August 2018. This equates to an increase in HEPS of more than 100% when compared to the previous
reporting period.

The financial information on which this trading statement is based has not been reviewed or reported on by
Brikor’s auditors. The Company’s financial results for the six-month period ended 31 August 2019 are
expected to be released before the end of October 2019.


10 October 2019
Nigel

Designated adviser
Exchange Sponsors

Date: 10/10/2019 09:13:00
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