To view the PDF file, sign up for a MySharenet subscription.

AFRICAN MEDIA ENTERTAINMENT LIMITED - Trading Statement

Release Date: 20/11/2024 15:41
Code(s): AME     PDF:  
Wrap Text
Trading Statement

AFRICAN MEDIA ENTERTAINMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1926/008797/06)
Share code AME ISIN ZAE000055802
("the company")


TRADING STATEMENT


In terms of the Listings Requirements of the Johannesburg Stock Exchange,
companies are required to publish a trading statement as soon as there is a
reasonable degree of certainty that the financial results for the period to be
reported upon will differ by at least 20% from the financial results for the
previous corresponding period.

Shareholders are advised that it is reasonably certain that, for the six months
ended 30 September 2024:

   -   the headline earnings per share will be between 240 cents and 260 cents
       per share as compared to the headline earnings of 207.3 cents per share
       reported for the six months ended 30 September 2023, an increase of
       between 16% and 25%, and

   -   the earnings per share will be between 240 cents and 260 cents per
       share as compared to the earnings of 207.5 cents per share reported for
       the six months ended 30 September 2023, an increase of between 16%
       and 25%.

Shareholders are further advised that the company is in the process of finalising
its results for the period concerned and it is expected that these results will be
released on SENS on or about 29 November 2024.

The financial information on which this trading statement is based has not been
reviewed nor reported on by the company's auditors.


By order of the board.

Johannesburg

20 November 2024


Sponsor
AcaciaCap Advisors Proprietary Limited

Date: 20-11-2024 03:41:00
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.