STENPROP LIMITED
(Formerly GoGlobal Properties Limited)
(Incorporated in Bermuda)
(Registration number 47031)
BSX share code: STP.BH JSE share code: STP
ISIN: BMG8465Y1093
(?Stenprop? or ?the company?)
CORRECTION ANNOUNCEMENT: UNAUDITED INTER IM RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2014
Shareholders are referred to the unaudited interim results for the six months ended 30 September 2014 (?the
interim results?) released on 11 December 2014 and are advised of a correction in order to provide the market with
non-annualised earnings per share and headline earnings per share figures for comparative purposes.
In the interim results the reported basic and headline earnings per share were annualised. Had these figures not
been annualised the earnings per ordinary share would have been as per the table below:
IFRS Proforma
Unaudited Unaudited Unaudited unaudited
for the for the Audited for the for the
six months period period Six months six months
ended ended ended ended ended
30/09/2014 30/09/2013 1/03/2014 02/10/2014 02/10/2014
# # # EUR EUR
Earnings per share pence pence pence cents cents
IFRS EPS 11.22 (5.01) (5.80) 4.78 3.69
IFRS Diluted EPS 11.22 (5.01) (5.80) 4.77 3.69
EPRA EPS 4.65 (5.01) (5.80) 0.37 4.39
EPRA Diluted EPS 4.65 (5.01) (5.80) 0.37 4.39
Adjusted EPRA EPS 4.65 (5.01) (5.80) 0.88 4.91
Adjusted EPRA Diluted EPS 4.65 (5.01) (5.80) 0.88 4.90
Headline EPS 4.65 (5.01) (4.29) 0.37 4.49
Headline Diluted EPS 4.65 (5.01) (4.29) 0.37 4.48
In the above calculation, the comparative results for the period ended 30 September 2013 included the results since
incorporation of the company. These results and those published in the condensed unaudited financial statements
for the six months and quarter ended 30 September 2013 can be reconciled as follows:
Weighted IFRS EPS
IFRS and average and
headline number of Headline
earnings shares EPS
Condensed unaudited financial statements for the six months and quarter ended 30/09/2013:
Unaudited for the period from 26/10/2012 to 31/03/2013 (13 124) 62 854 (20.88)
Unaudited for the six months ended 30/09/2013 (748) 461 749 (0.16)
Comparatives included in Unaudited interim results for the six months ended 30/09/2014: (13 872) 276 897 (5.01)
Stenprop has a primary listing on the Bermuda Stock Exchange and a secondary listing on the Alternative Exchange of the JSE
Limited.
Note: All times indicated in this announcement are Greenwich Mean Time (?GMT?).
4 March 2015
South African corporate advisor and JSE sponsor
Java Capital
Bermuda Stock Exchange sponsor:
Appleby Securities (Bermuda) Ltd.
