SOVEREIGN FOOD INVESTMENTS LTD.
JSE Code: SOV
ISIN Number: ZAE000009221
("Sovereign" or the "Company")
In terms of the Listings Requirements of the JSE Limited, 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.
Accordingly, Sovereign shareholders are advised that the Company's earnings per share ("EPS") and headline earnings per share ("HEPS") for the year ending 28 February 2015 are expected to be more than 20% higher than those of the of the previous corresponding period, i.e. EPS and HEPS are expected to be at least 70.20 cents (2014: 58.5 cents) and 72.24 cents (2014: 60.2 cents) per share respectively.
The Company will provide shareholders with an updated trading statement range, when there is a more reasonable degree of certainty.
The Company's auditors have not reviewed or reported on the financial information on which this trading statement is based.
Shareholders are advised that the Company's results for the year ending 28 February 2015 are expected to be published on or about 15 May 2015.
Port Elizabeth
17 February 2015
Sponsor
One Capital
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