BRT BRN
BRT
BRT / BRN - Brimstone Investment Corporation Limited - Trading statement
Brimstone Investment Corporation Limited
(Registration number 1995/010442/06)
(Incorporated in the Republic of South Africa)
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN
("Brimstone" or the "Company" or the "Group")
Trading statement
In terms of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they are reasonably certain that the
financial results for the current reporting period will be more than 20%
different than that of the prior comparative period.
Further to the above, Brimstone expects to report earnings per share of between
133.0 cents to 159.6 cents, and headline earnings per share of between 135.5
cents to 162.5 cents for the six months ended 30 June 2010, which is up from
earnings per share and headline earnings per share of 5.4 cents and 1.8 cents
respectively reported for the six months ended 30 June 2009.
The increase in earnings is largely as a result of the share buy-backs and
restructuring of the Company`s investment in Life Healthcare Group Holdings
Limited, as previously announced to shareholders.
Shareholders are advised that the above information has not been reviewed or
reported on by the Company`s auditors and that the Company`s results for the six
months ended 30 June 2010 are expected to be published on or about 25 August
2010.
13 August 2010
Cape Town
Investment bank and sponsor
Nedbank Capital
Date: 13/08/2010 15:49:01 Produced by the JSE SENS Department.
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