MIDDLE EAST DIAMOND RESOURCES LIMITED - Trading Statement
MED 201606210015A
Trading Statement
MIDDLE EAST DIAMOND RESOURCES LIMITED
(formerly Sable Metals and Minerals Limited)
(Incorporated in the Republic of South Africa)
(Registration number: 2001/006539/06)
JSE share code: MED ISIN: ZAE000211876
(“ME DIAMOND” or “the company” or “the group”)
Trading update
In terms of section 3.4(b) of the JSE Listings Requirements , 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 company is in the process of finalising its results for the year ended 29 February 2016 and
Sable advises shareholders that the earnings per share is expected to be between 0.10 and 0.30
cents per share compared to a loss of 7.43 cents per share for the previous year.
Sable shareholders are also advised that the headline loss per share is expected to be between
4.00 and 5.00 cents per share compared to a headline loss of 7.43 cents per share for the previous
year which equates to an improvement of between 32% and 46%.
The financial information on which this trading statement is based has not been reviewed or
reported on by the company`s auditors. The results for the year ended 29 February 2016 are
expected to be released by the end of June 2016.
Johannesburg
21 June 2016
Sponsor
Exchange Sponsors
Date: 21/06/2016 10:39:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
