GRAND PARADE INVESTMENTS LIMITED - Trading Statement
GPL 201308300091A
Trading Statement
Grand Parade Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the company”)
TRADING STATEMENT
In terms of the Listings Requirements of the JSE Limited, a
listed company is required to publish a trading statement
as soon as it becomes aware that the financial results for
the financial period to be reported on next will vary by
20% or more from those of the previous comparable period.
GPI hereby advises that a reasonable degree of certainty
exists that earnings and headline earnings per share for
the year ended 30 June 2013 will decrease compared to the
comparable earnings and headline earnings per share for the
previous corresponding period being 30 June 2012 by between
40% and 50% in respect of earnings per share and 10% and
20% in respect of headline earnings per share.
Management considers adjusted headline earnings per share
the most meaningful measure of performance and advises with
reasonable certainty that adjusted headline earnings per
share will be between 5% and 10% higher than the previous
corresponding period.
The financial information on which this trading statement
is based has not been reviewed and reported on by GPI’s
external auditors. The financial results for the year ended
30 June 2013 are expected to be published on or about 2
September 2013.
30 August 2013
Cape Town
Sponsor
PSG Capital (Pty) Limited
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