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PEMBURY LIFESTYLE GROUP LIMITED - Further Trading Statement

Release Date: 02/05/2019 07:05
Code(s): PEM     PDF:  
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Further Trading Statement

PEMBURY LIFESTYLE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/205899/06)
(“PL Group” or “the Company”)
ISIN Code: ZAE000222949      JSE Code: PEM


FURTHER TRADING STATEMENT


In terms 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 to
be reported will differ by at least 20% from the financial results for the previous corresponding period or a
profit forecast previously provided to the market in relation to such period. The Company included a
profit forecast in its prospectus, which was issued on 9 March 2017 ahead of its listing on the JSE on
31 March 2017 wherein earnings and headline earnings of 3.67 cents per share was forecast.

Shareholders are advised as follows:

•     the headline loss per share is expected to be (4.02) cents for the financial year ended
      31 December 2018, which represents an improvement of 46.6% compared to the prior year’s
      headline loss per share of (7.53) cents and a decline of more than 100% compared to the forecast
      headline earnings per share of 3.67 cents.
•     the loss per share is expected to be (10.03) cents per share for the financial year ended
      31 December 2018, which represents a decline of 27% compared to the prior year’s loss per share
      of (7.9) cents and more than 100% compared to the forecast earnings per share of 3.67 cents.

The financial information on which this trading statement is based has not been reviewed by the
company’s auditors.

BY ORDER OF THE BOARD
Johannesburg
2 May 2019

Designated Advisor
Arbor Capital Sponsors

Date: 02/05/2019 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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