SENS Note - 16 October 2014

 

Infrasors Holdings Limited

(Incorporated in the Republic of South Africa)

(Registration number 2007/002405/06)

Share code: IRA ISIN: ZAE 000101507

(“Infrasors” or “the Company”)

 

TRADING UPDATE FOR THE SIX MONTHS YEAR ENDED 31 AUGUST 2014

 

In terms of the JSE Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied with a reasonable degree of certainty that the financial results of the period to be reported upon will differ by 20% or more from the financial results of the previous corresponding period.

 

Infrasors shareholders are advised that:

 

  • Basic earnings per share for the period is expected to be between 4.5 and 5.5 cents per share (2014: 0.1 cents per share) reflecting an increase of between 4400% and 5400% on the corresponding period; and

 

  • Headline earnings per share for the period is expected to be 4.5 and 5.5 cents per share (2014: 2.8 cents per share) reflecting an increase of between 61% and 96% on the corresponding period.

 

The financial information on which this trading statement is based has not been reviewed by the Company’s auditors. The Company’s financial results will be released on or about 31 October 2014.

 

By order of the Board of Directors

 

Johannesburg 

16 October 2014

Sponsor:  Bridge Capital Advisors Proprietary Limited