BRIKOR LIMITED - Trading statement in respect of provisional 2014 and 2015 financial results
BIK 201604130037A
Trading statement in respect of provisional 2014 and 2015 financial results
BRIKOR LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/013247/06)
(JSE code: BIK ISIN: ZAE000101945)
(“Brikor” or “the company”)
TRADING STATEMENT IN RESPECT OF PROVISIONAL 2014 AND 2015 FINANCIAL
RESULTS
Brikor has been suspended since 30 July 2013 and has not released financial information since
then to shareholders as required by the JSE Limited (“JSE”).
Shareholders are referred to the SENS announcement released on 8 April 2016 regarding the
restatement of the 28 February 2013 provisional results.
Brikor is currently finalising its results for the years ended 28 February 2014 and 2015.
In terms of section 3.4(b) of the Listings Requirements of the JSE, companies are required to
publish a trading statement as soon as they are satisfied that a reasonable degree of certainty
exists that the financial results for the period will differ by at least 20% from the financial results
for the previous corresponding period.
The table below illustrates the ranges anticipated for the provisional results for the years ended
28 February 2014 and 2015:
28 February 28 February % increase/ 28 February % increase
2013 (restated) 2014 (decrease) as 2015 as compared to
(cents) (cents) compared to (cents) 28 February
28 February 2014
2013 (restated)
Earnings 4.3 (3.5) – (3.9) (181%) - (191%) 1.4 – 1.6 140% – 141%
/(Loss) per
share
Headline 0.4 1.8 – 2.0 350% - 400% 2.6 - 2.8 40% - 44%
earnings per
share
It is expected that the provisional results for the years ended 28 February 2014 and 2015 will be
released on SENS by 15 April 2016. The Annual Report including the results for the 3 years
ended 28 February 2013, 28 February 2014 and 28 February 2015 is expected to be mailed to
shareholders on 27 May 2016 and not on 29 April 2016 as previously stated.
The financial information on which this trading statement is based has not been reviewed or
reported on by the company`s auditors.
13 April 2016
Nigel
Designated Advisor
Exchange Sponsors
Date: 13/04/2016 05:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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