Grand Parade Investments Limited announced that a reasonable degree of certainty exists that basic earnings per share will decrease by between 92% and 100% and that headline earnings per share will decrease by between 31% and 39% for the period ended 31 December 2015 compared to the basic earnings per share and headline earnings per share for the previous period ended 31 December 2014. Consequently, the basic earnings per share for the period ended 31 December 2015 will be between 0.48 cents and 10.86 cents per share, compared to the basic earnings per share of 129.69 cents for the previous comparable period. Headline earnings per share for the period ended 31 December 2015 will be between 1.92 cents and 2.18 cents per share, compared to the headline earnings per share of 3.17 cents for the previous comparable period.

Basic earnings per share have decreased due to the disposal of 25.1% of GPI Slots (Pty) Ltd. (GPI Slots) in the prior period which resulted in a ZAR 648.0 million gain recognised in the prior period's basic earnings. Headline earnings per share have also decreased as a result of the disposal of 25.1% of GPI Slots in the prior period. The effect of the disposal has resulted in the portion of GPI Slots' earnings recognised in GPI's headline earnings to decrease from 100.0% in the prior period to 30.0% in the current period.