06 Jul - 2 min read

Trading statement

Trading statement

Brimstone Investment Corporation Limited
(Registration number 1995/010442/06)
(Incorporated in the Republic of South Africa)
ISIN Number: ZAE000015277 Share Code: BRT
ISIN Number: ZAE000015285 Share Code: BRN
(“Brimstone” or the “Company”)

Trading statement

In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement
as soon as they are reasonably certain that the financial results for the current reporting period will be more
than 20% different than that of the prior comparative period.

Shareholders of Brimstone are hereby advised that for the six months ended 30 June 2021 (“the Current
Period”), a reasonable degree of certainty exists that both basic earnings per share (“EPS”) and basic
headline earnings per share (“HEPS”) will be at least 130% higher than reported for the six months ended
30 June 2020 (“the Comparative Period”).

In this regard, both EPS and HEPS for the Current Period are expected to be at least 22.3 cents per share
and 23.2 cents per share respectively, compared to a basic loss per share of 74.4 cents and a basic
headline loss per share of 77.3 cents reported in the Comparative Period.

Shareholders are reminded that the current environment carries a lot of uncertainty, which could have an
impact on the results of Brimstone for the Current Period. A further trading statement will be released on
SENS as soon as Brimstone has reasonable certainty on the ranges of EPS and HEPS.

Shareholders are advised that the financial information on which this trading statement is based has not
been reviewed or reported on by the Company’s auditors.

The results for the Current Period are expected to be published on SENS on or about 31 August 2021.

6 July 2021
Cape Town

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 06-07-2021 12:00:00
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.

More from Brimstone Investment Corporation - N Shares


Join Listcorp to create a personalised news feed, follow your favourite companies, save useful news, and more.

By joining Listcorp you agree to our Terms & Conditions and Privacy Policy

Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Brimstone Investment Corporation - N Shares (JSE:BRN) when you join Listcorp.