JSE Sens

GRAND PARADE INVESTMENTS LIMITED - Trading Statement

11 September 2019 - 12:08 PM
GPL
Trading Statement

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(GPI or the Company)


TRADING STATEMENT

In terms of the JSE Limited Listings Requirements, a listed company is required to publish a
trading statement as soon as it becomes aware that the financial results for the financial
period to be reported on next will vary by 20% or more from those of the previous comparable
period.

GPI hereby advises that a reasonable degree of certainty exists that in respect of the year
ended 30 June 2019:

     basic loss per share will be between 7.21 and 9.55 cents per share, which equates
      to an improvement of between 18% and 38% when compared to the basic loss per
      share of 11.66 cents reported for the comparable period ended 30 June 2018.

     headline earnings per share will be between 7.97 and 10.21 cents per share, which
      equates to an increase of between 171% and 191% when compared to the headline
      loss per share of 11.18 cents reported for the comparable period ended 30 June
      2018.

The financial information on which this trading statement is based has not been reviewed or
reported on by GPIs external auditors. The financial results for the period ended 30 June
2019 will be published on or about 20 September 2019.

Cape Town
11 September 2019

Sponsor and corporate advisor:
PSG Capital

Date: 11/09/2019 12:08:00
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.