Enhanced Investments - Financial Portal

Further trading statement

Published: 2022-03-28 13:42:00 ET

Brimstone Investment Corporation - N Shares (JSE:BRN) News - Further 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” or the “Group”)

Further trading statement

Shareholders of Brimstone ("Shareholders") are referred to the announcement published on SENS on
Tuesday, 22 March 2022 (the “Previous Announcement”), and are advised that an adjustment, which
relates to the headline earnings from the discontinued operation has been made, and as a result the
Company’s basic headline earnings per share for the year ended 31 December 2021 is now expected to be
as follows:
                                                 31 Dec 2021           31 Dec 2020            Expected
                                            expected results            (Restated)      increase based
                                                     (cents)               (cents)      on 31 Dec 2020
                                                                                            (Restated)
                                                                                                   (%)
 Basic headline earnings/(loss) per share
 - Group                                               298.9                (61.5)                 586

 Basic headline earnings/(loss) per share
 - Discontinued operation                               62.9                (22.9)                 375

Basic earnings per share and basic headline earnings per share from continuing operation remain within
the ranges as set out in the Previous Announcement.

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 year ended 31 December 2021 will be published on SENS on 29 March 2022.

28 March 2022
Cape Town

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

Date: 28-03-2022 03:42:00
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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.