Brimstone - Trading Statement and cautionary annou
BRT
Brimstone - Trading Statement and cautionary announcement
Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1995/010442/06)
(ISIN Number : ZAE000015277 Share Code : BRT)
(ISIN Number : ZAE000015285 Share Code : BRN)
("Brimstone"")
TRADING STATEMENT
Brimstone is currently finalising its results for the six months ended 30 June
2003, which should be released before the end of August.
In this regard, shareholders are advised that earnings will be materially higher
than the corresponding reporting period of the previous year. ("Materially"
being an increase of between 20% and 30%, as defined in the new JSE Securities
Exchange South Africa Listings Requirements).
This is largely attributable to profits earned on the disposal of Brimstone"s
interest in Nando"s Group Holdings Limited in April 2003.
As a result, shareholders are advised to exercise caution when dealing in
Brimstone ordinary and "N" ordinary shares until the results are published.
Claremont
8 August 2003
Investment Bank and Sponsor
Nedbank Corporate
A division of Nedbank Limited
Date: 08/08/2003 05:20:55 PM Produced by the JSE SENS Department
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
