WEZ 201603180032A
Trading Statement
WESIZWE PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2003/020161/06)
JSE code: WEZ ISIN: ZAE000075859
(the "Company" or "Wesizwe")
TRADING STATEMENT
In accordance with paragraph 3.4(b) of the JSE Listings Requirements,
companies are obligated to inform shareholders as soon as there is
a reasonable degree of certainty that the earnings of the company
are likely to vary by more than 20% compared to the previous
corresponding period.
The Wesizwe board of directors therefore wishes to advise
shareholders that the Company expects to report a basic loss per
share attributable to ordinary shareholders for the year ended
31 December 2015 of between 32.62 cents and 35.78 cents per share,
being between 102% and 121% lower, compared to a basic loss per share
of 16.17 cents per share for the previous comparable period.
A headline loss per share attributable to ordinary shareholders for
the year ended 31 December 2015 is expected to be between 27.50 cents
and 27.62 cents per share, being between 4 067% and 4 085% lower,
compared to a headline loss per share of 0.66 cents for the previous
comparable period.
The financial information included in this trading statement has not
been reviewed or reported on by the Company’s external auditors.
Johannesburg
18 March 2016
Sponsor:
PSG Capital Proprietary Limited
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