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AFRICAN & OVERSEAS ENTERPRISES LIMITED - Further trading statement

Release Date: 20/03/2019 17:15
Code(s): AON AOO AOVP     PDF:  
 
Wrap Text
Further trading statement

AFRICAN AND OVERSEAS ENTERPRISES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1947/027461/06)
JSE share code: AOO   ISIN: ZAE000000485
JSE share code: AON   ISIN: ZAE000009718
JSE share code: AOVP  ISIN: ZAE000000493
("AOE")


FURTHER TRADING STATEMENT


Shareholders are referred to the trading statement released on SENS on 8 February 2019, wherein AOE advised
shareholders that:

   -   AOE's earnings per share ("EPS") for the six months ended 31 December 2018 are expected to be
       between 106.7 and 113.1 cents per share, being an improvement of between 237% and 257% from
       earnings of 31.7 cents per share reported by AOE for the six months ended 31 December 2017; and

   -   AOE's headline earnings per share ("HEPS") for the six months ended 31 December 2018 are expected
       to be between 105.9 and 112.3 cents per share, being an improvement of between 233% and 253% from
       headline earnings of 31.8 cents per share reported by AOE for the six months ended 31 December 2017.

AOE now advises that EPS for the six months ended 31 December 2018 will be 166.8 cents per share or 426%
higher than the EPS for the six months ended 31 December 2017. HEPS for the six months ended 31 December 2018 
will be 85.6 cents per share or 169% higher than the HEPS for the six months ended 31 December 2017.

The information on which this trading statement has been based has not been reviewed or reported on by AOE's
auditors. The financial results for the six months ended 31 December 2018 are expected to be published on or
about 22 March 2019.

20 March 2019


Sponsor
Java Capital

Date: 20/03/2019 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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