BIO 201303040036A
Trading statement and cautionary announcement
BioScience Brands Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/001222/06)
(JSE code: BIO ISIN: ZAE000115036)
(BioScience or the company)
Trading statement and cautionary announcement
Shareholders are advised that the sale of the Bioharmony brand, as announced on SENS on
11 December 2012 and 1 February 2013, required the release of securities held by the
companys bankers. The bank required a contribution toward facilities that was greater
than was initially proposed. This has significantly reduced available working capital
reserves. The sale of this brand resulted in an impairment of R13,3 million.
In addition the remaining brands of the company have experienced poor trading performance
over the last quarter as a result of stock shortages and credits associated with the
relaunch of new packaging. Accordingly, the loss per share and headline loss per share for
the six months ended 31 December 2012 are expected to be more than 20% worse than the
previous interim period ended 31 December 2011. A further trading statement containing
more specific information will be published once the company has reasonable certainty with
regards to its interim financial results for the period ending 31 December 2012.
BioScience has received expressions of interest by third parties for the purchase of the
Muscle Science business and related assets and has entered into discussions in this regard.
If successfully concluded, these discussions may have a material effect on the price of the
companys securities. Accordingly shareholders are advised to exercise caution when dealing
in the companys securities until a full announcement is made.
4 March 2013
Designated Adviser
Exchange Sponsors
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