Enhanced Investments - Financial Portal

Trading statement

Buy Brimstone Investment Corporation Stocks

Published: 2022-08-04 12:31:27 ET

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” or the “Group”)

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.

For the unaudited interim results for the six months ended 30 June 2022 (the “current period”), Brimstone expects
to report:

•   a basic earnings per share of between 5.4 cents to 15.2 cents, compared to a basic earnings per share of
    97.9 cents reported for the unaudited interim results for the six months ended 30 June 2021 (the “comparative
    period”), representing a decrease in basic earnings per share of between 95% and 85%; and

•   a basic headline earnings per share of between 5.1 cents to 15.2 cents, compared to a basic headline
    earnings per share of 100.8 cents reported for the comparative period, representing a
    decrease in basic headline earnings per share of between 95% and 85%.

The decrease in the current period profit compared to the comparative period is mainly due to:

    -   the downward revaluation of listed investments; and
    -   the decrease in the Group’s share of profits of associates and joint ventures.

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.

Brimstone’s results for the current period are expected to be published on SENS on or about 30 August 2022.


4 August 2022
Cape Town

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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.