BELL EQUIPMENT LIMITED - Updated Trading Statement

Updated Trading Statement

BELL EQUIPMENT LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1968/013656/06
ISIN: ZAE000028304
Share Code: BEL
(“the Company”)

UPDATED TRADING STATEMENT

Shareholders are referred to the trading statement released on
SENS on 16 March 2020 wherein it was reported that the Company’s
earnings per share (“EPS”) and headline earnings per share (“HEPS”)
were expected to be at least 70% lower (198 cents lower) for the
year ended 31 December 2019 when compared to the EPS and HEPS of
283 cents and 278 cents respectively for the year ended 31 December
2018.

Shareholders are advised that the Company’s EPS and HEPS for the
year ended 31 December 2019 are now expected to be between 75 cents
and 85 cents per share (or between 193 cents and 208 cents lower),
compared with EPS and HEPS of 283 cents and 278 cents,
respectively, for the year ended 31 December 2018.

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

Richards Bay
27 May 2020

Sponsor: INVESTEC BANK LIMITED






Date: 27-05-2020 11:28:00
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