AFRICAN MEDIA ENTERTAINMENT LIMITED - Trading Statement
AME 201905220048A
Trading Statement
AFRICAN MEDIA ENTERTAINMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1926/008797/06)
Share code AME ISIN ZAE000055802
("the company")
TRADING STATEMENT
Shareholders are advised that it is reasonably certain that, for the financial year
ended 31 March 2019:
- the headline earnings per share are expected to be between 542 and
547 cents per share, representing an increase of between 0,1% and 1%
as compared to the headline earnings of 541,5 cents per share reported
for the financial year ended 31 March 2018, and
- the earnings per share are expected to be between 270 and 298 cents
per share, representing a decrease of between 45% and 50% as
compared to the earnings of 541,4 cents per share reported for the
financial year ended 31 March 2018. This is the result of the impairment
of intangible assets previously recognised in respect of Classic 1027
which is a non-recurring item.
Shareholders are advised that the company is in the process of finalising its
results for the period concerned and it is expected that these results will be
released on SENS on or about 31 May 2019.
The financial information on which this trading statement is based has not been
reviewed and reported on by the company's auditors.
By order of the board.
Johannesburg
22 May 2019
Sponsors
Arbor Capital Sponsors Proprietary Limited
Date: 22/05/2019 04:45:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
