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FREEDOM PROPERTY FUND LIMITED - Trading Statement

Release Date: 18/02/2020 17:44
Code(s): FDP     PDF:  
Wrap Text
Trading Statement

FREEDOM PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
Registration number: 2012/129186/06
Share code: FDP
ISIN: ZAE000185260
(“the Company” or “Freedom”)

TRADING STATEMENT

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

Accordingly, a review of the financial results for the six month period ended 31 August 2017 by
management indicates, with a reasonable degree of certainty, that the interim results for the period
ended 31 August 2017, when compared with the published results for the interim period ended 31
August 2016 (“Comparative Period”), will differ as follows:

    1.  earnings per share (“EPS”) are expected to decrease by 2.22 cents per share to an EPS of
        0.12 cents, as compared to the EPS of 2.34 cents for the Comparative Period; and

    2.  headline earnings per share (“HEPS”) are expected to decrease by 0.41 cents per share to a
        headline loss per share of 0.37 cents, as compared to the HEPS of 0.04 cents for the
        Comparative Period.

It is expected that Freedom will release its financial results in respect of the six month period ended
31 August 2017 before 21 February 2020.

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


Paarl
18 February 2020

Sponsor
Questco Corporate Advisory (Pty) Ltd

Date: 18-02-2020 05:44:00
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