GRAND PARADE INVESTMENTS LIMITED - Trading Statement
GPL 201408270002A
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 basic earnings per share and headline earnings per share
for the year ended 30 June 2014 will decrease from the
comparable basic earnings per share and headline earnings per
share for the previous corresponding period being 30 June 2013
by between 37% and 57% and by between 80% and 100%,
respectively.
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 decrease by between 16% and 36% from 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 2014
are expected to be published on or about 28 August 2014.
Cape Town
27 August 2014
Sponsor and corporate advisor:
PSG Capital
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