BASIL READ HOLDINGS LIMITED
Basil Read Holdings Limited
(Incorporated in the Republic of South Africa) Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781 ("Basil Read" or "the Company")
In terms of the Listings Requirements of JSE Limited ("Listings Requirements"), companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period.
Shareholders are therefore advised that Basil Read's earnings per share for the six months ended 30 June 2015 is expected to be at least 100% or 145.75 cents per share higher than the loss of 145.75 cents per share of the previously reported corresponding period.
Shareholders are further advised that Basil Read's headline earnings per share for the six months ended 30 June 2015 is expected to be at least 100% or 145.74 cents per share higher than the headline loss of 145.74 cents per share of the previously reported corresponding period.
The company is in the process of finalising its interim results for the six months ended 30 June 2015 which are expected to indicate a return to profitability. Once more certainty is obtained, Basil Read will provide further guidance as required by paragraph 3.4(b) of the Listings Requirements.
The financial information on which this trading statement is based has not been reviewed or reported on by Basil Read's external auditors. The unaudited results for the six months ended 30 June 2015 are expected to be published on or about 28 August 2015.
Johannesburg
4 August 2015
Company Secretary
Andiswa T Ndoni
JSE Sponsor
Grindrod Bank Limited
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