SUM summerset group holdings limited

Ann: QUARTER: SUM: 1Q14 Metrics - Sales of Occupa

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    • Release Date: 09/04/14 10:41
    • Summary: QUARTER: SUM: 1Q14 Metrics - Sales of Occupation Rights
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    					SUM
    09/04/2014 08:41
    QUARTER
    
    REL: 0841 HRS Summerset Group Holdings Limited
    
    QUARTER: SUM: 1Q14 Metrics - Sales of Occupation Rights
    
    NZX & ASX RELEASE
    
    9 APRIL 2014
    
    1Q14 METRICS - SALES OF OCCUPATION RIGHTS
    
    Metrics for the sales of occupation rights for the first quarter of 2014 are
    provided below.
    
    The Group achieved 92 sales for the quarter ending 31 March 2014, composed of
    48 new sales and 44 resales.
    
    YTD14 SALES OF OCCUPATION RIGHTS
    
    See attached table
    
    FY13 SALES OF OCCUPATION RIGHTS
    
    See attached table
    
    NOTES:
    o Quarterly metrics on occupation right sales are provided by the 10th of the
    month following the end of each quarter.
    o The quarterly sales metrics provided may not necessarily reflect NZ IFRS
    financial performance for the corresponding period.  In particular, key items
    in the income statement, such as the fair value movement of investment
    property, are dependent on several variables, of which one is occupation
    right sales.  NZ IFRS financial performance is calculated for the periods
    ending 30 June and 31 December each year.
    ENDS
    
    For investor relations enquiries:
    
    Scott Scoullar
    Chief Financial Officer
    [email protected]
    04 894 7317 or 029 894 7317
    
    For media enquiries:
    
    Kimberley Rothwell
    Communications Advisor
    [email protected]
    04 894 6993 or 027 601 2001
    End CA:00249283 For:SUM    Type:QUARTER    Time:2014-04-09 08:41:37
    				
 
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