HCI 201505180051A
Trading Statement
HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)
("HCI" or "the company")
TRADING STATEMENT
In terms of section 3.4 (b) 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 previous
corresponding period.
Shareholders are hereby advised that a reasonable degree of certainty exists
that for the year ended 31 March 2015, the Company will report basic earnings
per share of between 3 679.3 cents and 3 587.1 cents, being an increase of
between 298.3% and 288.3%, and headline earnings per share of between 1 013
cents and 918.6 cents, being between an increase of 7.1% and a decrease of
2.9%, as opposed to basic earnings per share of 923.8 cents and headline
earnings per share of 946.2 cents for the prior year.
The significant increase in basic earnings per share is mainly as a result of
the fair value adjustment to the carrying value of the group’s investment in
Tsogo Sun Holdings Limited prior to it being consolidated in the results of
the Company from September 2014.
The above information has not been reviewed or reported on by the Company`s
auditors. The Company`s results are expected to be published on or about 21
May 2015.
Cape Town
18 May 2015
Sponsor:
Investec Bank Limited
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